Unfortunately, the tax code can be a burden for those who don’t understand it. But the good news is that if you find a great CPA to work with, they can utilize tax optimization strategies that help save you money. Ins...
Hello fam
Seeking a list of fair valued and reputable companies which can establish trust and llc formations in the state of WY. If anyone can recommend a few companies would be greatly appreciated. I was going to mo...
I found this article the other day and thought it was worth sharing:How You, I, and Everyone Got the Top 1 Percent All WrongThere has been a heightened interest in the top 1% and how they're fairing relative to the re...
I'm looking for a new CPA this year to help utilize tax advantages. I own one multi-family real estate property so there isn't too much required but I would still like to start building a relationship with a solid CPA...
I have already had my question answered here about having to capitalize fix up costs prior to getting a tenant inside the rental. Are utility expenses (electric, gas, water) incurred before getting a tenant allowed...
Hi - when do most folks hire a CPA? Before the first purchase, after...after several investments?Also if you are an out of state investor, do you pick a CPA in your home.state? Does it matter much? I don't expect o...
Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...
Hello Everybody. NYC allows you look up properties that have unpaid water bills as well as unpaid taxes.Is it worth trying to contact owners of these properties and offer to buy them? For example, when a property owes...
Hello,My business partner and I are looking at some 100+ unit properties in Memphis and are getting hung up on real estate taxes, insurance, and utility expenses. Is there a reason they are so high? Example: There is...
Hi,I am looking to sell one of my property's and use the 200k in equity to do a 1031 exchange. I am contemplating if I shoudl use that money to buy multiple SFR or 1 MFR. I am thinking the best approch is to use the 2...