This discussion started today in a Facebook group for tax professionals. According to the thread, this risky practice is getting more and more common among some tax firms looking to cut costs.I realize that people hav...
Does anybody have any recommendations for a real-estate focused accountant/tax preparer?
I am in NJ. THey can be national, it's not important to me where they are based, just want them to be real-estate focused an...
I purchased my first duplex last spring. I live in one unit, rent the other. I financed with VHA, minimum down payment.I have redone most of my unit, had to replace the furnance and some other repairs. I want to upgr...
What are some good questions to ask a tax preparer when it comes to rental property strategies? Do anyone know how to keep up with their tax liability throughout the year?
Okay - so I've flipped about 50 houses, 90% actually made a profit. Recently however, I've had three deals in a row fall on their head and taken a near career ending loss (six figures between the three). I admit, I ...
Hello BiggerPockets! My wife and I have been wanting to enter the real estate investment market and feel the time is quickly approaching. We are currently working on our RE licenses here in Colorado. I've been readi...
For those experienced in purchasing tax liens, I am interested in making a definitive thread that defines that steps to take to prepare for and purchase tax liens.
In my state the sales are in August, in June our sta...
Purchased a short-term rental in Maryland in June, but live in Delaware, work in PA. Looking for a CPA or tax preparer that is well versed in the STR loophole and cost segregation. Having a very hard time finding anyo...
What do you do when a tenant dies on your property? Or dies elsewhere and never returns to your property? Especially when they live alone. In an effort to be proactive, I'm trying to think through scenarios and ...
My name is Brian and I currently reside in Palm Beach, Florida. I've been toying with the idea of investing in real estate for the past 5 years or so and I'm finally ready to take the plunge. I've been spending a...