Chris Knapp
Question about filing taxes as a "real estate professional"...
What are the advantages of filing my taxes and claiming I'm a real estate professional? I have 45 rental units, and this is my second business. I'm trying to figure out the advantages or disadvantages. My main career ...
Ali Masoudi
Filing LLC-C Corp taxes with a professional EA
Hi guys, I started creating LLCs around my real estate practices in late 2021 (two disregarded LLC and one LLC-C Corp) and now I have to file my 2021 taxes. I'm thinking to work with a very experienced EA (Enrolled Ag...
Julio Ibarra
Looking to gain experience by working for a professional
Hello everyone,
I’m 21 and I’m committed to learning more about the real estate industry as it’s something I see myself working in for the foreseeable future. Having said that, if there are any mortgage brokers, tit...
Susana McIntosh
Hawaii Vacation Renal Investor/Real Estate Professional RS-84556
Investment Info:
Condo other investment.
Purchase price: $725,000
Cash invested: $181,250
2 bed 2 bath condo short term rental
What made you interested in investing in this type of deal?
...
Paul Sweetman
Why and how I became a Real-estate professional
I just returned from BPcon2022 and I was asked for this daily by people just starting out so I want to share this with you. (BP if there is a better location please let me know)Oct. 9th,2022 I turned 67. I worked a JO...
Jesse Fernandez
Pursuing cost segregation as a non real estate professional
Hi all, I'm alil confused on how cost seg works. Specifically, are there limits to how much I can take on accelerated depreciation if i am not a real estate professional? Is the accelerated depreciation only applicabl...
Connor Stark
Searching to connect with RE professionals in San Antonio
Hi BP,I'm looking to expand my network within the city of San Antonio. I've been networking and educating myself on the city for the last year. My partners and I acquired a 92 unit building that we are currently worki...
Beau Watson
Looking for an experienced account/tax professional in Atl
Good morning everyone!I was wondering if anyone would be a able to recommend an awesome accountant ??Needless to say since I’m asking for an accountant I have a lot of moving parts in my finances and I need someone I ...
John Stamos
Real Estate Professional Status - do RE licensing hours count?
Hi, I looked into REPS and my spouse meets most of the criterion. My question is the following…
Do the several hours taking a Real Estate Licensing course and exam count towards Real Estate Professional Status? My sp...
Avi Spielman
To Declare as a "Real Estate Professional" or Not
Hi, I'm hoping this is the right forum for this question :) I'm a developer turned property owner with a growing portfolio of rental properties. My CPA currently does not declare me as a "Real Estate Professional" (ev...