Hello looking for a tax professional to help me with navigating capital gains tax on a primary residence.
Hello, My husband and I have had a busy year diving into buying our first investment property and starting an e-commerce business. We are having a hard time finding tax professionals that offer tax strategy consulting...
Hi Guys,
I need a recommendation for an experienced CPA with real estate knowledge and tax planning/preparation skills . I am resident in Lafayette, Louisiana and would appreciate any information or contact for such ...
Hello BP members!I am currently a loan officer and in the transition of working as a W2 employee to now being a 1099 employee. I am also working on my real estate license and plan on having it completed by the end of ...
I'm just starting out as a Real Estate investor and looking into educating myself a bit on the legal and tax aspect of owning investment properties. Who would be the best professional to go to for paid advice?
Question for the CPA's and Tax Lawyer's out there.If I own a rental property within an LLC and I (or my spouse) meet the criteria for tax purposes of being a "Real Estate Professional" would Self-Employment (SE) taxes...
Hi,I was wondering how and if my wife could qualify as an RE professional for tax purposes? I would love to be able to write-off some of my W-2 income.She is a stay at home mom with our 1 year old son, and uses her fr...
So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
Hi Tax Pros,I'm a mortgage lender. We kind of have a love/hate relationship, but I'm probably never going to ask you for any sort of letter "guaranteeing" that Sally's business is "guaranteed" to make $X00k/yr for the...
I am looking into doing virtual wholesaling in the USA. I am a Canadian resident living in Canada. What would be my tax implications (how would my taxes be affected) when wholesaling in the United States and making an...