James R aduna
How to utilize Cost Segregation to your advantage
Hi BP Community,
I was hoping to get some feedback on the best ways I can utilize cost segregation for my taxes this year and if anyone has recommendations for a Real Estate Accountant in the Los Angeles area that ...
Jered Sturm
Tricky Tax question on sale of primary residence.
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Tatyana E.
HR Block or CPA?
I'm a new landlord and I can't decide whether I have to do my taxes at HR Block or shall I go to CPA.
Last year I brough my mother to the US from abroad (adding dependant), bought 2 houses, paid cash for both but too...
Brenda Hedges
Do I really need an accountant?
I've been doing my own tax returns for over 20 years. Last year in addition to my regular real estate transactions as a real estate agent, I bought and flipped a SFR. Normally, I use turbotax business and have found t...
Mark Ruiz
Suggestions on Value to bring to the Investing World?
Hello everyone!!,I am entering the investor arena. Right now I'm prepping my finances and planning to break into this business. With the last 10 years as a Retail Investigator and catching fraudsters and thieves, Im l...
Alex Ghameshi
High Electricity and Gas Bills for Triplex
Hello,
I am in the process of purchasing a 1890 built triplex in Fitchburg, MA. The current setup by the owner is that he pays for electricity and heat for the tenants. There is one 3-bedroom (5 people) and two 1-bed...
Jack Gibson
need a referral for a 1031 Exchange company
Has anyone found a good 1031 Exchange company that they can recommend? Solid track record, dependability, trustworthiness, reasonable fees, etc. thank you!
Bill Said
Looking for 1031 Qualified Intermediary Recommendations
We expect to soon do a 1031 exchange. It will be our first one ever and don't know much of the details involved. We would appreciate recommendations of 1031 Qualified Intermediaries that have worked for you. We have h...
Nick Frey
1031 in less than a year (short term capital gains)
Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...
Jody Greenberg
DIY cost segregation question
I'm wondering if anyone has any experience with using the platforms from KBKG, DIYcostseg, or titan echo. I'm going to try one of the three on one of my recently purchased multifamily properties.
I've already gone ...