In search of accounting software specific to real estate for tracking expenses of rental properties (including LTRs in LLC with property manager and self-managed STRs). In reviewing past forum posts, RentalHero and RE...

I am confused! Turbotax is not letting me deduct my rental income loss from my income. Any idea why would that happen??

So if I have a tax loss due to depreciation, etc., when I get asked on the tax software if the Business Investment is at risk, what is the correct answer? Is it All at Risk, Some at risk, or N/A? I have a hard time an...

I have a primary residence which I will be renting out and buying a second as house hack. What is the best way to report or file rental income taxes in CA? Sole prop with a DBA or simple on my personal. I know I shoul...

Hi - This is a very basic question. To calculate capital gains on the sale of a home, do I factor in the closing costs on both the purchase and the sale? I assume so but I want to be sure. So, assume that if I buy a p...

Hey everyone, I would appreciate any recommendations for CPA's in the Tampa/St. Pete area. There are so many of them when I look online and it gets to be a little overwhelming which is why I came here where there are ...

Hello BiggerPockets community,

I’m a relatively new member to this forum and REI. BiggerPockets seems like a fantastic source of knowledge and tools for my future investments. Just wanted to try and establish a step-...

Hello everyone and happy tax day!Just a friendly reminder that the deadline to file Individual, Trust, and C-Corporation returns is today. Even if you owe tax that you cannot pay today, you should still file to avoid ...

Hi I am CA resident and invested in two syndicate deals over the past two years. The syndicate property are located in GA and AZ.   despite the loss each year, I have been e-filing state tax separately for GA and AZ. ...

If you are planning on selling your rental to the tenant in a sort of wrap around mortgage scenario, are you going to be taxed for capital gains since it wasn't you living there? If so, when does it start?