I've never hired an EA or CPA before and need advice on vetting them to avoid being taken advantage of. I feel capable of handling my accounting in general, but I primarily need help with taxes for my real estate and ...
Hello guys,Im located in the South FL (Miami) area of the country and Im shopping around for an experienced CPA with a real estate background. Can anyone refer a good source?Thanx in advance.
Did you know that there’s a tax credit available to employers that hire employees from specific target groups that may otherwise experience significant barriers to employment? This is known as the Work Opportunity Tax...
I have noticed several people asking about if bid for assets works. I have had nothing but good experiences with them. purchased four different properties at four different times. Attempted to purchase more but was ou...
So last year I paid the amount of taxes that I was supposed to throughout the year. Because of some losses on 2 flips in Phoenix, I was supposed to be getting a 12k return. I filed before the deadline in April. I a...
No clue how to move forward on this one??? Gentleman called and he is working with his uncle to sell the Uncles 26 rental properties. The package is $1.7mil and cash flows $235k year in Richmond they want my buyers ...
Hey BP,
I am working on assigning a contract. Do any of you professional wholesalers require proof of funds or commitment from a Hard money / private money lender before assigning the contract?
I live in England and have found a property that would offer a good Air BnB income.The seller's realtor is saying that he can get Air BNB receipts from the current owner to prove the income. At first he was saying he ...
I am just curious. I am listing one of my properties for sale. Next week my 2nd installment of property taxes are due. Is there potential for a lien or some other penalties that I may face if I sell after my property ...
Real estate is an investment vehicle that comes with a lot of tax benefits which is why it is so attractive to investors. However, understanding the tax benefits and really grasping the difference between tax deductio...