New in the RE World 

Can someone please tell me if my assumption is correct or totally wrong? When flipping a property, I am using QuickBooks and I created an Other Current Assets account to track everything associated with a given proper...

Hello Everyone,I am looking for a recommendation for a solid tax accountant in the New Bedford, MA area for handling investment properties.  Any recommendations would be great!Thank you!Matt

BP Community I need some help. First off I understand that you are not a tax professional (and even if you are you are not giving me professional advice). I plan to speak with my tax advisor on Monday but I need to cl...

Hello,Does anyone have any recommendations for an accountant in MPLS/ST Paul? Looking for someone familiar with rental properties and short-term vacation rentals.Any help would be appreciated,Thanks

Hey BP,

About 2 months ago we closed on a 7 unit that only had 2 units rented. We have done some minor rehab and upgrades. Now there are 5 units rented and we need to upgrade the propane systems. Currently the prope...

Hello CPAs! I am struggling to get a definitive answer to the question - are payments from a Performing Note passive investment income or are they ordinary income? I have seen it described as both - and lets face it, ...

Hey BP community,

Does anyone have a good real estate accountant in the Snohomish/King County Washington area?

at what point would your reccomend finding an attorney and an accountant. as I listen to podcasts all day I hear multiple times you need to find a good one but at what point, at your first property or later when you c...

In Search of Certified Public Accountant recommendations:I'm looking for a real estate specific CPA familiar with Florida laws. Able to meet quarterly for tax strategy planning. I would prefer local (Destin, Fort Walt...