Mak K.
Setting up LLC- Self vs CPA or a lawyer
27 April 2020 | 1 reply
So in the past I had a LLC setup by two CPA who charged me $750 for LLC and gave me a empty binder of operating agreement, forms etc.
Forrest M.
How to best buy house from parents while also buying land?
28 April 2020 | 3 replies
While i am not a CPA or RE attorney, I do know that you should be able to utilize a quitclaim deed to transfer interest.
Account Closed
Newbie Real Estate Investor - Legal & Accounting
6 May 2020 | 11 replies
He's a CPA, who owns a virtual firm that specializes in working with real estate investors.
Adam Craig
BRRRR and lower income on tax returns
28 April 2020 | 1 reply
Possibly explain it in a way I can explain it to her :)I am going to have a sit down with her and my CPA but wanted to start on BP first.
John Simerson
Rent doesnt make mortgage in california, should i sell or hold?
12 June 2020 | 16 replies
Either pay the taxes on the gains or 1031 exchange into another property (in either of those cases, you'll want to consult a CPA or 1031 professional to discuss strategies).
Kevin Abrams
How do Mortgage Payments work after Quit Claim Deed?
13 June 2020 | 4 replies
Better to do the LLC and sign as an officer BEFORE funding.I think I'm right, but if anyone disagrees, since I'm not a CPA or atty, I'd love to hear.
Juan Valdes
Whats the best approach?
25 June 2020 | 6 replies
This sounds like a very tax specific question that should be addressed by talking to and ideally hiring a CPA who has experience with this.What happens is state specific and depends on for how long the house has been owned by your parents.
Alex Gronbach
1031 Exchange & Section 121 Questions (TX/CA)
14 April 2021 | 9 replies
I would highly recommend a CPA when you are involved with these type of transactions.
Tim T.
Seeking advice - passing down rental properties to children
20 June 2020 | 10 replies
In my mind you are going to need a team including a CFP, CPA, and estate attorney at minimum to start building a legacy plan.
John Zoumboulis
CARES Act take 100k for BRRR?
3 July 2020 | 3 replies
I’m not a CPA , Or an attorney, but important question to ask yourself.