Hello! I'm looking for a CPA that specializes in real estate investors. Someone who can maximize my tax savings. Do you work with anyone that's just wonderful. I'm in CA but out-of-state is fine.Thanks,Thais
I’m in the process of building an ADU at my primary residency.
What’s the pro’s and con’s about it? I want to hear your experiences with ADU’s if they’re worth it or not, besides rental income coming in how much woul...
Do you guys think it's something I can DIY through turbo tax? Or do I need to hire it out? Tell me what you know. What should the price range be if I hire it out? I saved a good portion of my profits for taxes. ...
If you could go back to when you started planning your business, what questions would you ask your CPA and attorney when starting out a multi-member LLC for a buy/hold business?Here’s a few examples: Any advice on se...
If a Cost Segregation Study had not been performed on this Hardware Store located in Clinton, Iowa that was purchased in 2020, it would have had first year depreciation of approximately $23,900. Thanks to the Cost S...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $10,000
Cash invested: $310,000
I bought this land as a part of a package of 4 lots that were turned into 7....
Without a Cost Segregation Study, this $595,685 Single Home in Miami, Florida purchased in 2020 would have generated first-year depreciation of approximately $22,000. By applying a Cost Segregation Study, the prop...
Hello fellow investors, I was curious about writing off my "home office" as a business deduction for tax purposes. What are the necessary steps to make sure I get this deduction? Thanks.
My wife and I are moving from Syracuse, NY to the East Coast of Florida - Palm Coast Down to Melbourne. She takes her job with her and I will probably have to start from scratch as an "employee" for now. We will be ...
Having earned some money now from deals I’m wanting to bank my REI earnings separately from my day job to both track my earning/spending but also maximize my return from cash I earn. I currently use a credit union for...