First, a little background. I am 23 years old and currently work at a CPA firm and will be done with all of the CPA exams in a few months. The firm I work at audits numerous low income housing projects and elderly hou...
I recently purchased a house at the court house steps in Baldwin county Alabama. I purchased it with a 50% partner. After we sell the house can I put my portion of the money into a 1031 exchange for the next deal? and...
Does anyone have experience with using a self directed IRA to invest in income properties?If so, I'd love to pick your brain.Thanks!
Hello everyone! My name is Juan Carlos Correa, originally from Mexico, and now living in South Florida for the last 3 years. I’m an CPA working in the audit practice and dreaming about starting a real estate investmen...
Hello All,"Negotiation" is one of the essential skill in life. It is one of the most important skills to make money in real estate. I use to think that Negotiation is an inborn skill, but recently I came across a free...
Anyone have a template for 750hrs write off real estate professionals. I am trying to get the tax write off. Thanks
Hello bp!
So I just finished doing my taxes with my tax man that has been doing them for the past 5+ years. I am currently a w2 employee and have very minimal income coming in through a house hack. I started going t...
Hello Everyone,I was wonder what type of structure is best for collecting rent on a mortgaged property that’s under my personal name. I know about transferring it into an LLC but I don’t want to trigger a “due on sale...
I'm looking for recommendations for a tax preparer in the Portland, OR, area, who is savvy with investment property. I was an owner-occupant of a duplex in 2015, but I converted it to a full rental and bought a new pr...
I was wondering if anyone is having luck using online tax software to do their taxes? I tried doing my taxes online but just can’t figure it out. What tax program do you guys use?