Spring has truly sprung, and also did you know that we’re two weeks away from the tax deadline?
So yes — we’re focused. Which is why we’ll be talking about extensions today.
Passing the national deadline day (which,...

As we're ramping up into tax season and this is my first year reporting my rental property, I've been researching CPA firms to complete my 1065. One is very expensive and the other I don't think I trust. As a CPA myse...

A Tax Question :  I have a Wyoming LLC that owns 2 Hawaii LLC's.  Wyoming "parent" LLC is an S-Corporation.  For Federal Taxes ... Do I just file for the Wyoming LLC?  No need for pass-through Hawaii LLC's?I am filing...

Hello BP community! For those who have ever lived in a house hack (duplex) and have filed their own taxes, I would like some advice. My question comes down to how I handle deductions like property taxes, mortgage insu...

How do most real estate investors deal with tax filing? Do you just hire a CPA/tax advisor before buying your first deal or do you do it yourself to understand legal/tax things better? Also do you have any advise/reco...

Hi, I want to start investing in commercial real estate, I was thinking to use an Umbrella Structure, so, open an LLC in Delaware filing a partnership tax return ( I will have the 99% of interest as main owner and a c...

Hey BP family!I purchased a duplex on June 29th, gave my tenant an into letter with the amount of rent owned (same price) and a blank copy of a lease. Tenant was late so I posted a 7 day notice to pay or vacate or Jul...

Hey Long Island BP community, I am a relatively new to investing and have some questions about accounting for real estate business. I am looking to outsource my yearly tax filing to a CPA as well as do some consulting...

I recently moved from NY to NC. I have a LLC. that files taxes as an S Corp. Will I need to file a personal tax return in NY for the pass through  LLC income (or loss). Or can that be placed on my North Carolina Tax D...

Hello, I hope everyone is having a great Sunday. I have worked in Finance my entire professional career. Starting out as a credit analyst for BB&;T, I spent my younger years reading through 10Ks, 10Qs, financial s...