Hello, I'm an out of state investor who lives in CA and invests in MI. My current entity structure is that I have a WY LLC as my Mother company and a MI LLC as my real estate holding holding company in MI. However I h...

What are the caveats and how do you structure escrow accounts for property tax and insurance?

I'm selling a home that I own free and clear. I'm creating a new 30 year note, contract for deed. My buyer is finding t...

Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose. In doing so, one of the main step is keep all the funds separate from personal funds, w...

Does your current tax advisor keep you updated with new modifications to the tax code?

Are there other options besides taking a loan from my 401k?  I can loan myself a max of $50,000. While that will help, I may need more and I have a pile of cash sitting there that I'd like to diversify away from stock...

If I invest funds from my Roth Solo 401k into a bank savings account that allows me to open the account in the trust's name with the trust EIN, and the bank issues me a 1099-INT at year end, will this 1099 create an i...

Hi everyone!Just closed my first flip!Me and my partner created an LLC and purchased it in that name.How will I file my taxes if we make money on this first flip? Is it the regular way I always file my taxes as ordina...

I am a newbie RE investor (currently getting approved for a HELOC to fund my first purchase). I read several post that some people recommend having a CPA before out while other say you can wait until you have a few pr...

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...

Hello all, I'm purchasing my first multi-family property in the Cincinnati area closing May 14th. Any good suggestions for a CPA that knows real estate taxes in Ohio?  Thanks, Alex