Hello and thanks for all of the help and information on this forum. I was wondering if anyone has some advice on software that can help me organize me with my rentals. I am new and have under 10 units, but looking to ...
Hello Real Estate GENIUS'! I bought a rental property with a cash deal last year, but only because I took out a new mortgage on my paid-off Primary residence. I did this because the closing costs for refinancing my ...
What has been your experience hiring a CPA vs. using the top-tier tax software from the likes of TurboTax and H&R Block? Robert Leonard
As I have been acquiring more real estate I have had to figure out how to scale the business utilizing Software and people. My systems are not perfect but I am consistently looking for ways to improve. This is my gene...
Hey all - we are getting close to renting out our first property. I also need to do our taxes for last year which include some of the acquisition and due diligence costs. I use Quicken Premier right now. Does anyone h...
I have a house that we rent bunks to airline crew members on a month to month basis. We have a ton of expenses involved in our operations. I have learned that it may be beneficial to itemize everything carefully with ...
Hi,
I have been working in the US for about 2 years, and I have acquired a rental property during that time. I am a French citizen, not a green card holder. I may have an opportunity next year to take a job overseas,...
I’m going to attempt our income tax myself instead of using CPA. Any opinions on which brand of tax software for rental properties is best? TurboTax? H&R Block? Others? Thanks!
I am trying to figure it out how to identify the total recaptured depreciation to report for tax purpose as result of the sale of rental property. The first realization is that this is a TOTAL recapture depreciation ...
Hi all,I've struggled for weeks to get a definitive answer to this, and am hoping the magic of the BP community comes through here: how do I calculate a rental property's total depreciation amount from which 25% will ...