Francis Van Steen
Anyone have experience working with Praxis Capitol
31 December 2024 | 14 replies
Can anyone recommend some companies with a track record like Praxis?
Clinton Davis
What's the latest on this BOI?? Go or no go?
3 January 2025 | 13 replies
Circuit Court of Appeals late Thursday reinstated a nationwide injunction that had been issued earlier this month by a federal judge in Texas who had ruled that the Corporate Transparency Act was unconstitutional, Reuters reported on Friday, thus suspending the deadline once again for most reporting companies to file beneficial ownership information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN)."
Mike Richards
Deduct from rental income more than one year of Real Estate taxes?
31 December 2024 | 3 replies
Keep detailed records of payment dates and amounts and consult a tax professional to ensure this strategy aligns with your overall tax planning.
Charlene Kingsnorth
Private Lender Loan Servicing Software Fees
15 January 2025 | 15 replies
Some banks recorded assignment behind our loan other banks just held the orginals in their vault along with an alonge.4.
Brady Ascheman
Should I keep inherited tenant?
2 January 2025 | 15 replies
We give our proven tenants some slack when they are upgrading since we already have a proven record with them.
Armell Mayers
Real Estate Taxes
31 December 2024 | 6 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Jorge Caceres
Utilities included worth the risk?
7 January 2025 | 28 replies
We took the highest month of "normal" winter usage we had records on -- people in the house, heat running at a reasonable temperature, washer/dryer running, etc.
John Friendas
$280,000 house that rents for $2,500 Worth Buying?
5 January 2025 | 7 replies
@John Friendas it's close to the 1% rule which is good, but I would still run the financials on it.
Account Closed
Paying off Rental or Primary
31 December 2024 | 8 replies
Account ClosedI recommend that have a consultation with your tax accountant and/or financial advisor on ways to reduce your taxes.