Heads up for landlords who accept rent payments in cryptocurrency. Quoting a recent news report (link at bottom of post): "The existing guidance, IRS Notice 2014-21, said that for the purposes of federal taxation, vir...

Please advise if form 285 is needed to file a rental sales tax in AZ. My CPA files state & federal taxes. Is it normal?Thanks,

Does my CPA need to be in the location I’m buying in?

When I searched in Google, starting with 2018 tax returns filed in 2019, interest paid on a cash-out refinance or home equity loan is only deductible if used to buy or make “substantial improvements” to your home.Does...

I am looking for a good real estate CPA who can assist with 2022 tax strategy planning in California.

Hi! After 2 years of paying exorbitant ( debilitating)  federal taxes, I ' ve decided to look for a tax strategist.  We live in PA outside of Philadelphia, In the King of Prussia area.  Does anyone have a recommendati...

Tax season may be a few months away still, but what should you expect if you're a first-time limited partner?

What to Expect: Equity Investors
As an equity investor, you will receive a K-1 from your op...

Hi everyone,I have a quick question and hoping someone can help.I leave in California/resident, and I am planning to create my LLC Business in WY and I am wondering if I will still have to pay the $800 California annu...

Hello Fellow Investor, I have a rental property with some equity in it, can I get the HELOC from it approved then transfer it to the LLC? or transfer it to LLC then go do the HELOC? Any recommendation? Thanks

I checked out a foreclosing property with a Title Co to see how many liens were on Title. There were three, but none were tax liens. Can I safely assume that there will be no surprises.....that is, no tax liens? Or...