Good evening BP,Looking for some recommendations. After reviewing some documents I realized I did not report a rental property on last years tax return and did not depreciate 2 rental properties. What is the most effi...
Are you required to show tax returns when getting a loan from a hard money lender? Or if you're buying the house as yourself on a fixed year? What is needed to get a loan besides check stub?
I am investing on on multi family real estate ( Apartment complex). I file the tax return jointly and my wife is Home Maker.The question is:1. Should I add my wife's name in the subscription document?2. What is the ta...
Hi,We're looking for a qualified tax person that deals with Real Estate transactions. We don't think the one we have is qualified with knowing the ins and outs of Real Estate. We seem to be paying tons of money every ...
Our 10 unit condo association ownership has recently bee passed on the homeowners and I am one of the trustees. My question is around filing the yearend taxes. So far, the accounting firm had been filing 1120 form, bu...
Hello awesome Landlords Forum. Any good news on 2019 tax return for rentals? Thx
Howdy!We recently filed our tax return and showed a pretty good profit on our rental. Our tax advisor said that he almost never sees profit on rental houses. I know you can repair the home to negate the profits, but i...
Hey guys, I have a quick question regarding taxes, and tax strategy. I know many of you are probably shaking your heads because one shouldn't invest for a tax advantage, but I live in California, have a high income w2...
I own two rentals in Baltimore. I’m looking to refinance both properties without using my tax return since it showed “loss” only because of deductibles and expenses from my current flips. So, I’m looking for lenders w...
Looking for a CPA to file our taxes which includes newly opened Self Directed IRA.