Hi All,
I am currently a Realtor and Investor in Phoenix, Arizona. I am on a team that owns over 300 multifamily units in Northern Alabama. I am looking to connect with like minded individuals who own investments ...
So, I scoured the forms, and I couldn't find anything on this. I would appreciate any thoughts you guys could share.
My thesis is: for certain individuals interested in buy and hold, it could make more financial ...
My idea is to avoid capital gains tax by flipping within the ROTH IRA while avoiding the transaction fees by managing the LLC myself. My questions are 1) What is Unrelated Business Income Tax as it relates to this? 2)...
Scenario: $450k to investBackground: Currently have 7 SFH rentals (turnkey purchase) that are currently financed with 1 commercial loan (so that I could get HELOC to pay off house and car notes quickly) and 1 tear do...
As always, my apologies for overly basic/simple questions, although I am not sure this one would qualify for either. My apologies also for the length of this post, typos, etc. Anyway, here goes…I am trying to establ...
Hi, all. Here's a question for the tax pros. My grandparents left rental property in a trust, of which i had a share. (The property is in CA, if it matters.) In March of '21, the trustee transferred title of the prope...
Can I add my primary residence to my rental portfolio and rent to myself? Because of the new limitations on mortgage interest and state income tax, many can't fully utilize the deduction with a $10k cap. Can I rent ...
At what scale does it make sense to start exploring a cost segregation study? Does the cost of the study scale with the size of the investment? Who does these (not looking for specific companies), is it accountants,...
I already have an e-mail into my attorney/CPA with this question (so don't bother telling me to check with one), but while he's answering the 80 or so e-mails before mine, I thought I'd post this question here to get ...
Hi there. I know this question is vague, so here is the sitiluation: I hired a CPA well regarded and very active here in BP, in January, to prepare my 2023 tax return. I paid for a cost seg study on my only str proper...