Many people mentioned that it is strongly recommended to have a CPA as a part of the team. I started looking in my area and am a beginner of real estate investment.Would you please tell me the reasons to have CPA vs a...
I own a duplex that has significantly increased in value over the last two years. I would like to extract some of that increased value so that I can purchase another property. I'm looking at selling half of the owners...
I recently purchased a business and the building. From the cashflow of the business (one entity) I pay rent to my other entity that holds the property. The property was appraised for 350k and was bought for 300K. I li...
My husband and I are considering SD retirement accounts but we have some questions. Any feedback would be greatly appreciated!- can I combine a SEP IRA and a regular IRA into one SD account?- would i be able to invest...
Hello,I work a normal job, and my wife is the real estate professional who helps manage our investment properties. Due to depreciation, we report negative taxable income from our real estate investments, which helps ...
Does anyone have a referral for a tax accountant in the SF bay area who deals with rental properties on a regular basis.Thanks.Steve
I bought my first flip in the fall, and it should finally be ready to sell next month. The ongoing saga of this newbie flip is better left for another day. I'm hoping, though, that I can solicit a recommendation or re...
Hi All!My tax accountant sucks! She forgot to include ALL my management expenses ($32k in expenses) and now I'm making her do an amended return on my 2019 taxes. This is my second accountant in two years. She's fired!...
Recently purchased a duplex and hoping to get recommendations on a tax accountant that is familiar with real estate investments to assist with filing. Does anyone in the SD area have a go-to tax advisor?
Hello! I am learning about Realstate investing through Bigger Pockets and I have not invested in any Realstate properties, yet. I am inquiring of some info to help a friend for tax purposes.
I am requesting info on b...