Hi All, I have some questions for CPA's about how they're handling PPP applications.

It is really a conversation you should have with an attorney (who can draft the documents) and a CPA who can explain to you gift tax implications, Trust tax administration, etc.

@Chris Maudlin you should hire a CPA that specializes in real estate investors.

Hi @Alleia James, I will be happy to send you the information of my attorney which is also a CPA, and an educator.

@Ralph E FreemanIf you have established a Solo 401(k) with a reputable provider, they should be able to assist you with all of these very basic operational questions.If you have obtained a set of 401(k) plan documents with no meaningful support, then you should engage a CPA or attorney who is familiar with IRS rules and the operation of a self-directed retirement plan.

Does anybody have a good CPA that understand real estate investing?

Yes, they are amortized over the life of the loan (please note, I am NOT a CPA).  

I don’t have a set time horizon , I’m a buy and hold for good unless my cpa recommends me to sell .

My CPA would be frustrated if my businesses were that mixed up because it makes his job harder, exposes me to more risk, has a highly likelihood of unnecessarily mixing funds between entities and can make write offs more confusing and less effective.

Or, ask your CPA.