My partner and I have been dedicatedly researching various U.S. markets. Currently, we are focused on finding the best fit for our endeavours, with a particular interest in the city of Atlanta. To enhance our understa...
So i am hearing from a CPA that because my wife and I make over 150k per year, that I cant really take advantage of tax losses from my rental property. I can carry them forward, but it doesn't reduce my actual gross i...
Hi folks,Does anyone have a cheat sheet (list) of activities that qualify for REPS? We just have one investment property today (looking to add two more this year). Jason
Hello all,
I am considering a rural, commercial tiny house development to be used exclusively for short-term rentals. I am mostly aware of the work that needs to be undertaken for any given area in terms of zoning, d...
Hello All,I am trying to get an "out of the box" way of using this tax deferment. I own a home and am looking to move into something better. I have gained substantial equity but don't want to pay capital gains and hav...
I am a new investor just getting started. Basically I can benefit from any information that is given. First I would like to know if it is important to start my first property off in an LLC?Secondly...how to buy other...
In the midst of purchasing several tax certificates in City of Chicago. Had a quick question how is this reported in your federal tax return? I figure it is reported when the tax certificate is terminated due to red...
I'm looking to find a referral for an attorney (or CPA?) that specializes in estate/asset protect planning. My elderly father needs to put together a trust for his primary residence but we've talked about leveraging t...
Seeking Real Estate Accountant/Tax ConsultantI am in Burbank CA, and finally growing my real estate portfolio enough that I need professional tax advice/accountant. I have pending real estate sales this month and que...
If I am in California and my partner is in New York and he created the LLC in New York. Do I need to pay the $800 yearly LLC fee in California as well of the LLC established domicile in NY?