I have a scenario I'd like to toss out there for the SDIRA experts on the IRS definition of "benefit". My girlfriend of 17 years and I were looking over some of her investment vehicles the other day. She has been corp...
I have yet to do 2014 taxes (multi-state W2s, rental property) as well as 2015. My last tax person, an accountant, was not taking depreciation for the rental.I met with a company that would do both years for $600, an...
I’m new to real estate and I’m looking to get started here soon, my only problem is that I’m wanting to have it help with my business taxes.
My question is: If I buy a couple house in the last couple months of the t...
Hi! We've just set up an LLC for our RE company and were recommended a tax accountant to use for the initial Balance Sheet and tax prep. He's charging $400 for the initial set up and to create a bill of sale for asset...
Hi,I've set up an LLC in Wyoming and I'm wondering what needs to be done in order to have it taxed as a C Corp.Any help would be greatly appreciated.Thank you,Doug
Hi there, I'm looking for a new tax accountant for filing my personal taxes. I do a lot of multifamily syndication work so would like someone who's familiar with the tax advantages associated with these investments. A...
Hello,
My wife and I have multiple properties in California (most of which are free and clear). We decided we'd like to transfer ownership to our children so we can help them avoid the new Proposition 19 law that req...
Hi, my wife and I are preparing to buy our first investment property. We live in PA, but are going to be buying in PR. My question is, should we start an LLC before buying the property, or wait a while? We will be usi...
so i have a question on taxes. I searched the answers in the discussions but couldnt find the answers im looking for. So hopefully one of you all can help me. So basically i have an s corp and llc. Filing with the ...
Hi All,I live in Livermore, CA and I need a recommendation for a tax accountant/CPA for my taxes. I have purchased my first out of state investment, and would like use a great CPA that is in my area.Thanks,Israel