Demitrius Holmes
Real Estate CPA recommendations in Atlanta
19 March 2024 | 3 replies
Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant.
Vikranth Biradar
Can we take Bonus depreciation in a different year?
19 March 2024 | 4 replies
It would be worth your while to have an accountant who knows you and your income streams etc to answer your questions like this.
Brad Birky
How to claim our business use house hacking?
20 March 2024 | 4 replies
Hello - I have a somewhat unique situation that I am unsure how to best claim on our jointly filed tax return.
Mel-Drick Green
Starting Our Buy & Hold Portfolio
20 March 2024 | 4 replies
Even though you are buying new, I would still account for vacancy, maintenance, and cap-ex when calculating cash-flow.
Dana Powell
Recommendation of lenders who use leases vs market rent for DSCR
20 March 2024 | 15 replies
There are a couple of variables going on.You should be able to use the lease, especially if you can show the money going into your bank account for a few months.
Larry Cersosimo
Worth it to take a negative cash flow for a year to then be able to fill occupancy
20 March 2024 | 7 replies
Take into account what you're saving in rent (or not), how you're able to improve the property, and your plan moving forward.
Jose Hammer
Qualified Business Income Deduction for Rental Property
20 March 2024 | 2 replies
*The taxpayer or RPE attaches a statement to the return filed for the tax year(s) the safe harbor is relied upon.If I don't meet all the 4 bullet points for Safe Harbor am I still able to take the Qualified Business Income Deduction for a profitable Rental Property?
Michael Lipari
1031 Exchange For Newly Renovated Property
19 March 2024 | 12 replies
It's somewhat ironic that I, being a tax professional, insist on pushing taxes into a secondary role, but I do.
Eric Rosiello
Ski Area Rentals - New England
22 March 2024 | 20 replies
Consider the cost of the property, mortgage payments, property taxes, insurance, maintenance, and property management fees (if applicable).
Dan Stelter
Where to start for an introvert with no/little money?
20 March 2024 | 11 replies
Still need to get my taxes done this year for them.