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26 April 2024 | 11 replies
Which will bring plenty of other investors and general business to the area.
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26 April 2024 | 11 replies
Our area is not unique, this is a nationwide issue (opportunity) for accounting firms.In the end I think many would be well served to think of their CPA/EA as they do an attorney - while they can also help provide planning advice to better structure your tax life and save some money, a portion of the cost is just a cost of doing business - you are required to be compliant by the Feds / states / etc, and the CPA/EA is insurance to ensure you get it right and stay out of their way.
25 April 2024 | 0 replies
The IRS cross-references your 1098s with claimed deductions, raising concerns if discrepancies arise.Private Lenders and Forms 1098: Private lenders are required to send Forms 1098, but only if they meet specific criteria:The private lender operates as a “trade or business,” distinguishing professional lenders from casual lenders like friends or family members.The loan is issued to an individual or a disregarded single-member LLC.The loan is a mortgage secured by real property.The annual interest paid on the mortgage was $600 or more for the previous year.The conditions leave some room for interpretation, particularly regarding the “trade or business” clause.
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25 April 2024 | 3 replies
Are you still in the business in Clemson?
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25 April 2024 | 2 replies
Hello everyone, I am in the learning and growth phase of my business and I I'm looking to network with some Great people to bounce ideas and come up with ways to help each other achieve success.
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25 April 2024 | 5 replies
You might also meet someone that could be a potential business partner.
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24 April 2024 | 5 replies
The difference between CPAs and EAs is addressed here (scroll down to my long comment on that old thread): https://www.biggerpockets.com/forums/51-tax-legal-issues-con...As to finding competent tax accountants, there are 20+ of us right here on this forum.
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25 April 2024 | 82 replies
He is easy to talk to, has had an answer for every question I've had and has helped me feel more confident in making big decisions.
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25 April 2024 | 4 replies
I am busy in a full-time job in Boston and wanted to work with someone trustworthy to get started quickly rather than get stuck in analysis paralysis or be discouraged by Boston prices.
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26 April 2024 | 12 replies
Which will bring plenty of other investors and general business to the area.