I have been investing for several years. Initially, I met with a Tax Consultant to ask how to categorize Misc Expenses. Expenses that cannot be tied to a particular property. He advised that I either not report the...
Hi!
My husband and I have been self employed, living abroad, but we've been looking to come back to the states and purchase our first property. Being self employed, despite having decent income our tax returns show ...
What do we think? Can we?I spoke to an investor today about a great deal in San Antonio, TX. The property is listed for 195k and has an ARV of 350k-360k based on our comparables, and even then its a very conservative ...
I have a 12 plex under contract and DD is almost over. It has been a long road to hoe. Getting all of the financial stuff was like asking my wife to wash my truck. They finally sent me tax returns and they are ugly, l...
Looking to buy a multi-unit property in the DC area. Some properties require a prequal letter just to see the property and my realtor referred me to his lender to provide the letter. The lender asked for tax returns ...
just asking
I am planning to buy a Bed & Breakfast, but the last owners only had it for 1.5 year. Is there a way to get an SBA loan though without 3 years of P&L or tax returns from the sellers?
My dad just purchased a 2 unit property and everything (mortgage, deed) is under his name. He is letting me completely handle the management of the property, finding tenants, collecting rents, etc.My question is can I...
This will be my first year filing taxes with rental properties. I now own RE in two different states which both have income tax. Anyone know of a great accountant well-versed in RE?
Hi there,I am wondering how much do CPAs usually charge for a tax return that involves a simple 1031 exchange? $500? I searched on Google but couldn't find much info. Thanks in advance James