Michell Chase
Alot on information on offsetting W-2 income but not much on 1099-R income...
30 July 2024 | 8 replies
I am currently trying to identify Real Estate savvy CPA's in the location where the rentals will be as I am a resident of Texas and not NY and I am new to real estate investing.
Monica A.
When to sell rental property to qualify for 2 out 5 capital gains exemption?
30 July 2024 | 3 replies
I'd sit down with a real estate savvy CPA and go over the numbers.
Patrick Fricchione
Cost Segregation Analysis for primary residence
29 July 2024 | 13 replies
I'd consult a qualified CPA.
Latif A.
What to do after first purchase
30 July 2024 | 5 replies
Again, my opinion, I'm not a CFP, advisor, or CPA here.
Anna Nevarez
Can an LLC report one rental on Schedule C and the other on Schedule E?
29 July 2024 | 9 replies
I do my own book-keeping and taxes, so don't have a CPA to consult.Thanks for any advice!
Daria B.
Sold SFR w/depreciable asset - only 6 of 27 yrs in....
29 July 2024 | 9 replies
Hi Daria,Assuming you did a 1031 exchange, the flooring, as well as the rest of the property is depreciated normally (a little nuance, talk with a CPA for specifics).
Fabian Escobar
Real estate investing company structure
29 July 2024 | 8 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
Michael Plaks
GRAY area alert: deducting real estate education
30 July 2024 | 23 replies
I have a CPA firm I use personally - but I still compile my receipts, and organize them - cost, date, project, purpose, vendor etc.
Andrew Remke
Corporate Tax vs Ordinary Income on Flips
28 July 2024 | 0 replies
Let me start by saying I have hired a CPA, and have a future meeting set up.
Account Closed
Short term tax deductions only applies the first year?
27 July 2024 | 4 replies
I would get with a CPA and get the full rundown for your exact situation.