Ilan M Aliphas
Paid IRS after Audit. How does that impact my return for 2020?
Hello,I asked this question to my CPA and the answer didn't make sense to me. Last year I got audited for my 2015 CA state tax return. That year I did my taxes on Turbotax and fell for a misleading Turbotax trap. I ...
Bryan Pham
I am being audited, what is the first thing I should do?
Hi BP,I received a letter from the IRS that I been selected to be audited. I am not sure what my first steps should be and what this process will be like. Could someone help share their experience with me and what I s...
Jeffrey Zhang
How to save taxes and avoid being audit at the same time?
I have two companies, one for real estate investment which is a LLC and one for home construction which is S Corp, just call them A and B. B takes remodeling project for A, how to handle them wisely to save taxes? e.g...
Nataly S.
Anyone else filing as REPro and want to share info?
I’m filing as a real estate professional again. This is my 2nd year. I think I’m doing this right and have consulted with our CPA. Would like to get ideas on what works better when logging hours. Maybe someone out the...
Scott Esmail
Looking for an Real Estate accountant in Orlando area
Hello,I am looking for someone who specializes in Real Estate accounting in the central florida area to file my 2016 Taxes and work with possibly in the future, I have approx 100 single family homes in Florida. Can an...
Justin Sadauskas
Workers Compensation Question
Hi guys,
We run a pretty decent sized Real Estate Investment company. We had two W2 employees that we setup through Paychex and now we no longer have them. The state has flagged our company saying that we need Work...
Terry Portier
Liability Insurance
As part of a study a colleague from this site and I are doing on LLC’s vs. Sole Propriety legalities here: http://www.biggerpockets.com/forums/52/topics/75182
I am wondering if anyone can recommend liability insuranc...
Scott French
Equity Sale instead of Asset Sale
Has anyone ever done an equity sale when selling an investment property? I would like to sell the entire company that owns an apartment building, to an investor that I know. the advantages to the buyer may include ste...
Mike C.
File As "Real Estate Professional"? 1099?
Trying to decide how to file our 2018 taxes. Wife and I retired a couple years, except for the part about working all day, most days. We have a house that is and has been our residence for many years. We also have oth...
Matthijs Pol
Do I need a CPA?
This is my first time filing taxes and having investment properties both purchased late last year. Normally my wife does our taxes through Turbo Tax and that’s what we are planning on doing this time as well. But what...