Allison Lander
Selling Gas Station - Question (Help Needed)
Hi AllWe are selling our gas station/property and provided the buyer with the past 3 years business tax returns and are doing an inspection, but I received an email form the buyer saying their banker is asking for my ...
Chris M.
How much does a CPA "typically" cost with 1, 2, or 3 properties?
Hi everyone.I'm a super beginner, so pardon me if this is a silly question. I'm interested in some ballpark figures on a couple CPA related questions:1. How much can I expect a CPA to cost to do my taxes, if I have an...
Viviana Villegas
First Airbnb, need CPA and legal advice
I’m in Dallas, Texas and just started renting my first Airbnb rental, I need CPA or legal advice on whether we need to form a LLC now or wait until we have more properties. Will it benefit for us to have income comin...
Nikki Kofkin
Need a CPA, first time tax return with one buy and hold!
Hey everyone! I'm filing my taxes for the first time this year and I really want to hire a CPA to help me. I definitely waited to long, because everyone I called in my area last week is either not taking new clients o...
Justin Pumpr
Lease to rent on Airbnb
Hi all, I am thinking of trying the lease-to-rent business model as advertised by Brian Page and I had a tax question. Can you deduce the amount you pay as rent as a business expense? So say I rent the property for $1...
Chris Burke
Capital Gains Advice - Sell or hold
I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental. Trying to understand if we should sell now...
Nur Al Sharif
S-Corporation Tax Scenarios
Hi guys, I've been trying to understand the tax implications of different entity types. I've developed a really short, brief model of how an S-Corp would be taxed, provided that it is 100% comprised of rental properti...
Joswaldys Morales
First time Depreciation
Hi people . This is my first year with my rental i want to do taxes i want to know if is t he schedule E form or schedule c. Also want to ask . I removed the kitchen also the roof I paint the whole house i did the j...
Robert Reineri
Primary Residence To Rental Conversion
Converted on October 1st. So for this tax year, I'll have 3 months of depreciation and all those other "taxy" things, right? (Rented the property in one day on market).My question concerns the split between personal a...
David Hendrix
Good CPA in Mansfield Ohio?
Hi all! I started my real estate empire (two buildings!!) last year under an LLC. I filed my 2013 personal taxes and assumed that I could just use Schedule E for the real estate activity. However, I now see that I nee...