Yeshua Smith
Can you deduct real estate purchases from your taxable income?
Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...
Brandon Y.
Recommendation for accountant.
Hello.. I am new property owner. I am location in Boston area. Does anyone has a recommendation for an accountant in Boston area?Thank you and happy holiday.
James H.
Need to decrease tax burden and scale up!
Hello BP, I have a situation that involves my father in law who's a longtime investor with multiple free and clear small apartment buildings in a good market. We are looking for advice or an advisor that can help w t...
Tiffany Spann
Looking for a tax accountant in Bowie, MD area
I am about to start a real estate LLC, specializing in wholesaling. Before I start I would like to meet with a tax accountant to optimize my financials. Does anyone have any tax accountant recommendations in the Bowie...
Ayo O.
Capital gains tax question here
Hello BP,I will be selling a house that use to be my primary residence from 2009-2015.I am being made to sell to a railway company through eminent domain.The house became a rental from 2015 till date.I was wondering i...
Lee Mast
In Search of an Investor Friendly Accountant - CO or online
I am looking to consult with a Tax accountant well versed in all things Real Estate investing. I'm located in Colorado but own properties in both Colorado and NY state. Preferably a Colorado accountant but I suppose I...
Satyam Appadwedula
Tax Accountants who focus on RE Investment taxes in Milwaukee
My CPA does not specialize in real estate investing. I am looking for someone to help with tax strategies and help file my Real Estate LLC's and W2 taxes. I live In Milwaukee, WI and would like someone who is close so...
Michael Brian david
TAX SEASON! - RE & INVESTOR FRIENDLY TAX ACCOUNTANT REFERALS PLS
Hello BP!!So with the motivation and studying for over a year into investing, I got my feet wet with a duplex in Ft. Lauderdale purchased in July of 2021.Now it's time to maximize those deductions and get some cost se...
Zoabe Hafeez
Itemized Invoices for Rehabs (Contractor v Tax Accountant)
Hi All - my new tax accountant is recommending that all future rehab jobs have a line-by-line itemized estimate for her purposes. I ran this by both my mentor and one of my contractors and they pushed back saying tha...
Joseph Aceves
Healthcare/Dental/Taxes for working Property Managers
Hi everyone, I would greatly appreciate it to hear about how property managers handle healthcare/dental and tax work for themselves? I'm new to the business (three months in). And would like to know if I need to prep ...