Account Closed
Accountant in LA area/ REI meetups in LA
Hello, BP members!I am in search of a good RE accountant in LA and if anyone can recommend me one or two- that would be great! Ive search BP but found only one tax accountant all the way in Long Beach. I am trying to ...
Gordon D.
Taxes in Florida for OOS investor
Hello,I live in NY, I purchased a second home in FL in Aug 2018, I rented it out in October 2018. I did my taxes for 2018 back in March of this year and it just dawned on me that I didn't file anything for Florida (Ju...
Jackson Tate
Need a Real Estate Savy CPA
Looking for a CPA who specializes in working with real estate investors.....preferably located in the Charleston, SC market but that is not a deal breaker.
Nicole Heasley Beitenman
Taxes for beginners - can you please point me towards a resource?
Hello!My father is in the process of flipping his first home. He is very nervous about taxes. Since I have an accounting degree (not a CPA), he expects me to be able to learn all there is to know in a few hours. In re...
Andrew Magoun
Cap Ex? or just maintenance?
I just had the sewer line re-lined at one of our properties. Does this count as a capital expense/improvement? or is it merely maintenance?
Steven Clough
Combined business use/primary residence property
Forgive me if this isn't in the correct forum!Ok BP forums, I'm in a bit of a conundrum trying to accomplish this transaction. Bear with me as I do my best to outline what's up.My family and I are trying to relocate f...
Andrew Lamirande
Qualified Intermediaries
Hello BP! I am looking for some stories of the best and worst experiences that you have had with a qualified intermediary in your 1031 exchanges. I have heard of some lack luster and quite frankly shady intermediaries...
Alon A.
Insurance & more questions
Hey guys
For renter insurance, what type of coverage its need to be , please help me with that, i should send my tenant email and i want to tell her what ot include and for what coverage amounts
as liability and m...
Colby Wherry
Material Participation STR for Tax Purposes
Hello,I have read the requirements to qualify for material participation on an STR, but I only see info on hours/ work preformed. Are there stipulations on having a full time job, or a threshold of how much income you...
Randy Babineau
Can I create an LLC for a Mother-In-Law Apartment?
Hello All, My In-Laws are building a 1 bedroom apartment that is detached from my home on my property. It will have its own address, but is still on my land. As my town only allows 1 owner per lot of land, the apartme...