Started a new LLC in October, I have accrued a lot of expenses but no income. Should I file taxes with a CPA or am I ok to file taxes this year on my own?
Hello Everyone,
I'm an X fix and flip guy who's looking to get back into the real estate market. I did well in the early 2000s but just like many others I lost everything. I'm now looking to get back into the market ...
Hi guys newbie here, I'm considering doing a multi family. My goal is to raise $2 million (down payment) in next five years through my commission based businesses and lease option fix and flip on SFH or build equity o...
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...
I was not sure where to place this post, so feel free to move it if necessary. My apologies in advance.
I have an RV park that has been running for 3 years and I have been filing taxes under my name, and just runnin...
I must admit that I struggle with bookkeeping . I always say that I'll do better on the next project or next year. This drives my husband nuts. One of my 2015 goals is to improve in this area. My strategy is to tackle...
I'm starting my LLC in Florida, and have spoken to a real estate attorney and my tax consultant. They both agree an LLC with my wife and me is the best entity given are situation/finances/assets.
Does anyone have rec...
I recently had my Texas rental property taxes reassessed to a higher basis and am looking to appeal the assessor's decision. I remember seeing a bunch of mailers from attorneys specializing in tax reassessment for no ...
Hi, mates:
Hope you and your loved ones are safe and healthy. And your businesses thrive!I have been doing some calculations about exit strategies for multifamily property investments and dont know how to use excel t...
Curious: How many properties do you typically hold under a single LLC? All of them? 5? Only 1??? What is your reasoning?