I purchased a home in November 2017 and am putting it on the market March 1st - assuming that it sells fairly quickly, I'll have owned the house for under 2 years and will have to pay capital gains taxes (for referenc...
Hello BiggerPockets!Could someone recommend a good tax accountant in the Northern Virginia/DC area? I live in Alexandria, VA to be specific. I have a small, single person LLC (not real estate related), a regular 9-...
I reside in the western suburbs of Chicago (Geneva, IL). I am in need of an accountant/tax preparer (preferably specializing in real estate). I am selling an over seas property and have realized that according to the...
Hi Everyone - My question is in regards to tax returns. I'm interested to better understand if an option fee, for a property you successfully close on, is an expense, or somehow added to your basis and depreciated. ...
I've been investing for just over a year now and I am in serious need of some help getting my taxes in order. Can anyone recommend a good Tax accountant in and/or servicing the Philadelphia area? I'm also looking to s...
I’ve been in touch with one company which was recommended to me by my Canadian lawyer residing in the same country as I’m in right now (UAE).In early to mid-April, this company emailed me back initially saying it woul...
Trying to find a reputable accountant to do business taxes ( Corp ). Open to any and all recommendations and reasons why you are suggesting.
Seeking help/advice on doing accounting on this major remodel. Tax Accounting for Rental 100K Remodel. In 2019 I started a remodel and finished in it 2020. What are the best ways to handle the expenses, rental income,...
Good evening!
This is probably a question for a RE tax CPA, but I’m having a hard time finding a reputable one in my area.
We are just starting out trying to structure our rental and repair business(es?) properly. ...
Looking for a new tax adviser/accountant as we just invested in our first property and want to make sure we're capitalizing on RE tax advantages...thanks!