Matthew Kirkwold
Cost Segregation Study for First SFR?
Good morning all,I am currently talking with a CPA I want to use for filing rental and W-2 income in 2022 which is the year I bought my first rental property. The CPA I'm working with has about 80 other real estate in...
Steven Logue
Using a vacation home more than 10% of time (depreciation)
Hello,I recently purchased a rental property and for the first partial year we used it 20 days and it rented 20 days (purchased at the end of the season). Since we used it above the threshold to be considered an inve...
Chien Chen
Tax consideration for Non-US citizen transferring US property to US citizen
Hello BP friends,
My mother in-law (Non-US citizen, Non-US resident) owns a SFH in Los Angeles, CA and would like to transfer the property title to us. We plan to use the property as rental home instead of primary re...
Stacey Nelson
Bad property, Bad renters = Still NET POSITIVE
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $155,000
4 BR - 2 bath
What made you interested in investing in this type of deal?
I had just turned my st...
Noah Bacon
What was your experience like during tax season?
Welcome to BiggerPockets Question of the Week!🤔
With Tax Day in the rearview mirror, what was your experience like during tax season?
Did you get your taxes done on time?
How did you find your CPA?
BiggerPockets...
Sam Zes
CPA Recommendations- St. Louis, MO
Does anyone have recommendations for a CPA that works with investors in the St. Louis/St. Charles area? I'm just starting out and in the process of setting up an LLC. I've already talked to a real estate attorney bu...
Chris Mason
Easiest way to be allowed to prepare taxes, especially Sch E?
Hi Tax Pros,I'm a mortgage lender. We kind of have a love/hate relationship, but I'm probably never going to ask you for any sort of letter "guaranteeing" that Sally's business is "guaranteed" to make $X00k/yr for the...
Real estate investing and contracting go hand in hand, but not many investors are bold enough to tackle their own home renovations. Today’s guest is, however, and he’s about to show you the business model he uses to c...
David Nino
What should a good CPA cost for rental properties
Just curious what other landlords out there are paying for their CPA every year. I file under an S corp with about 23 doors and a flip or two a year with only meeting with my CPA once a year. His charge seems to go ...
Samuel Glantz
Family Partnership Question
Hey everyone. I am slowly but surely starting my journey into long term buy and hold rentals for cash flow. I am going to partner on this with my father. We have both agreed to terms verbally and have full faith an...