Aloha Hawaii Property Investors,Does anyone have recommendations for a Hawaii Tax Advisor?Thank you in advance,Mike
I've got 17 rentals held in an LLC. I take draws as I need them, rather sporadically. This entity hasn't had to pay much in taxes in the past few years due to all the available deductions, but I anticipate that this...
Hi,Does anyone recommend a good CPA in the Cincinnati area that I could establish a relationship with for RE investments, and future endeavors? Ideally, I would like someone who can also do my personal taxes, and is ...
Hey all! I need help knowing what I should be doing each year, how to invest my son's money, and how to invest our extra income after covering expenses and reserves. Can someone point me in the right direction of a go...
Just curious if someone could explain to me how the 20% tax credit works for an old building. My husband and I are looking to invest in a 100 year old 2-story building in the downtown area of our small town. The buil...
Can anyone shed light on how/if taking the standard deduction impacts rental property deductions? I run an unrelated business from home as a sole proprietor that will be impacted by the change, but my understanding is...
Hey BP, With the forum flooded with tax questions I thought I'd throw one more into the mix. I have a $15,000 K-1 loss from an LLC that my partner and I actively run due to a few BRRRs with limited rental income. At t...
Hello, I recently purchased a property under my personal name. Both the loan and deed have my name on it. I would like to transfer ownership over to my LLC for tax and business purposes of course. Please let me know y...
I currently work a W2 job and they are offering a Health Saving Insurance plan starting in September 1st. I am going to close on the sell of a property with a good amount of profit around August 15th. My question is c...
I've heard many people talk about using a HELOC to help fund properties. Although this sounds great, I'm wondering about how to use a HELOC (on a primary residence) to fund the down payment for a property held by my ...