Hello,
My name is Zach Kowalik and I live near Ames, Iowa home of Iowa State University. The city has unemployment hovering close to 3% and a college rental market so robust that many students claim they can’t find ...

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...

Hi everyone, I need some tax and legal advice in my situation where I have been incurring a good amount of unexpected expenses, and after some research tax rules seem to allow up to $25K of write-offs a year, but is p...

I've started looking at the Columbia area and have heard if you live out of state the property taxes are 6%.  Is that really the case? If so how can anyone make the numbers work?

I got my tax return, schedule E and my property due to depreciation, took a loss. Not sure how to feel about this? See attached Supplemental Income and Loss, statement. 

Just to start off, is like to say that I am thankful for the wealth of information on this site. I hope I can contribute as much as others here have. I'm interested in a property that is going to be auctioned off at a...

My husband and I are thinking about OOS investing and we read that it is good to have a CPA with real estate investment knowledge for tax purposes. Our current CPA is kind of clueless about real estate tax implication...

Recently closed a sale on my fourplex and was surprised to see I still owed capital gains tax on the 3-units I didnt live in. I've always been told theres no capital gains tax on your primary residence after 2 years i...

Hello everyone. I know this is a huge topic but i never seem to read something and say...yeah thats my situation. So hopefully i can get some recommendations.
So last year i purchased 2 multiplex properties. Didnt...

Hi everyone,Hope you are all doing well and enjoying the holidays! I was wondering if any of you had thoughts on the high tax reassessments in Cook County and tax increases in Chicago?  It seems as if some people can ...