Danny Quintana
Tax person in Dallas
I am looking for a tax professional in the Dallas, TX area that has experience with realestate investors and can help me maximize my tax benefits.
Josh Ferona
Corporate payroll tax deductions - single person S corp
Hello, I have a payroll company but I am having a hard time finding the form that tells me how much $$ I can write off in corporate payroll deductions. Is there an easy way to figure this out, such as a form to look a...
Pierce Lovesee
Best CPA for Investment and Personal Taxes Oklahoma
I'm looking for suggestions on the best CPA to get established with. I'm looking for an experienced CPA, preferably familiar with both Real Estate tax and taxes associated with Oil Field consultants but the main thin...
Kent Lord
*Expenses hurt, *Refi unhelpful.. Personal Tax Returns BRRR
I'll be as clear and quick as I can:
I recently finished renovating a 5 plex and SF house in NE, then subdivided the lot to create two different properties. I then refinanced them with a local bank, success, kind of....
Dan N.
Personal tax benefits if property is under LLC?
HiI hear everyone talk about tax benefits and deductions (mortgage, depreciation etc) from owning real estate.However, what´s not clear to me is how can I apply these benefits and deductions to me personally if I plan...
Patrick J.
S-Corp Filing Extension
If you elect an extension for S-corp, would you just estimate your K-1 for your tax return and then be forced to file an amendment after you complete the 1120s?
Daniel D.
Depreciate property to a loss?
Hello, I’m going to have my first rental going up in the next 4 months. I should profit $800/mo from this rental. It is a 400k house (not sure land value yet) but I’m wondering if I can depreciate this into a loss and...
Dave Craig
LLC Expenses vs. Standard Deduction
I know this is a very basic question, but I've read quite bit about real estate investing and taxes at this point and haven't seen it clearly stated. Since the LLC is a passthrough entity, do the business expenses (pl...
Bellman Tumasang
Investing In Real Estate, setting up entities and taxes
Whether you own real estate in your name, an LLC, corporation etc can you please fully explain with an example how you manage taxes?for example let’s say you owned a rental property in an LLC taxed as a disregarded en...
Glen R.
Business Personal Property Tax Return
2017 was my first year in the vacation rental market. I just received a letter from the county requesting that I complete a Business Personal Property Tax Return. I called and spoke with the lady in charge and she sa...