Ray Mungia
Tax Professional that knows easement tax rules in Texas
My client has a property that has a portion of it purchased by the county. Its an easement. Anyone know about the tax implications on that portion of the property?
Donovan Batiste
What constitutes filing taxes as a Real Estate Professional?
On Schedule E, what constitutes filing taxes as a "Real Estate Professional"?
Do you need to be licensed, agent or does it apply to a regular RE investor (non LLC)?Would you please post any government links from th...
Account Closed
Searching For Tax Professional For 1099 Tax Filling 2022
Hey everybody, This may be a shot in the dark, but I am wondering if anyone can suggest a tax professional who can assist me in filing taxes this year. I am currently a 1099 worker with the intent of purchasing a mult...
Jeffrey Hunter
Investing in the states, while playing basketball professionally overseas
I have come across amazing opportunities at a young age where it is likely that I could end up playing basketball professionally overseas for a few years! Of course, this is a huge decision for myself when it comes to...
Nkem Eze
Professional help with LLC creation for real estate investing
HI everyone.. I would like to create an LLC for Real estate investments. I would like professional help for the creation either from a CPA or attorney who specializes in LLC creation for real estate that can assist wi...
Roman Shaposhnikov
losing insurance coverage on HO3, looking for professional services
I have been notified that coverage on an HO3 will not continue in about a month or so and yet I still have an open claim and it has not been fully settled yet. I am unsure if I will be able to get continuing coverage ...
Brad Piper
Looking for Tax professional/CPA that specializes in Investments
I own investment properties (both long-term and short-term rentals) across 5 states. I am hoping to find a real estate tax specialist that can help me develop a tax strategy going forward so I can make sure to have as...
Brit Foshee
Am I a real estate professional for tax purposes ?
I am beginning to prepare for filing my taxes. I have not kept a good record of my hours. I have a full time job, but I feel like I've easily surpassed the 750 hour mark on my rentals and I probably have more like 10...
Marcus Lane
W2 & 1099 Realtor - Real Estate professional status designation
Hi Bigger Pockets Community,
New member here...Im looking for some advice on whether I should be classified as a REPS or not for 2023 Tax year as my CPA isnt much help on determining if I should make this designation...
Mark Dante
Real Estate Professional Tax Loophole - holdings in a trust
Question for the CPA's - Person A is setting up a trust for estate planning purposes. Person B will be the beneficiary of that trust upon the death of Person A. The assets of the trust are primarily income producing...