
5 June 2024 | 4 replies
Some examples of this would be 1) depreciation calculations such as switching from straight-line depreciation to accelerated depreciation (often used for cost segregation studies when not performed in the year placed in service), 2) income recognition, and 3) inventory valuation such as changing from LIFO to FIFO.Correcting a mistake: If you realized that you used an incorrect accounting method after you filed your tax returns, you can file this form to request permission to change to the correct accounting method so that your tax reporting is accurate.Here’s a chart that you may find helpful when deciding whether you need to amend your return or file a Form 3115.As always, I recommend consulting your CPA or tax advisor as the rules can be complex.What is your experience with filing a Form 3115 or amending your tax return?

8 June 2024 | 16 replies
Love to hear your thoughts on this.When you don't have experience, I recommend you hire an attorney.

6 June 2024 | 21 replies
Would also love any financial advisors you have previously worked with and had a great experience with.

8 June 2024 | 25 replies
Would love to discuss your experiences with any/all of you.

10 June 2024 | 15 replies
Ex: Rentable podcast studio, general storage, photo shoot, airbnb experience, luggage storage for people waiting to check into their STR, etc...Check out Peerspace for some creative ideas

9 June 2024 | 9 replies
I have experience with HM lenders, but on my property now I still had to fork over 30k in liquidity to get the deal going.

9 June 2024 | 16 replies
And does anyone have experience in investing in rental properties in Columbus, or neighboring Phenix City, Alabama?

8 June 2024 | 2 replies
Strong Long Term Trends: The shift to the experience economy continues.

8 June 2024 | 37 replies
I'd love to hear about your experience!

9 June 2024 | 18 replies
But, the experience and competency of the LO is the difference.