Diane Kruse
Need referrals of good tax accountant
In the past I have done my own taxes, but in 2016 I sold my deceased mother's home and purchased a rental property at the end of the year (no income source for 2016, just expenditures). Can people refer me to a tax p...
Gina Jackson
Tax Strategist, Accountant, Advisor Needed
Like many who have posted before, I am in search of a tax professional to help me plan and prepare strategically for 2023, help with 2022 tax prep, and possibly even review 2021 taxes to see if an amended return is ad...
Chris S.
New to REI based out of Chicago looking to invest locally and out of state.
--- reposting from the intros thread since this seems to be a better place for this. Apologies for those that have seen this already :). ---Hi,
I am a management consultant based out of the Chicago looking to begin ...
James Defazio
Tax guys please help! Capital gains question
We are going to use a tax professional this year for the first time and need some guidance. We bought a duplex in Spokane Washington in 2015 as our primary residence. We lived there for 10 months and then moved to Ohi...
Lari A.
Newly formed LLC (Question regarding bank account)
Hello BP Community,I'm a new investor who has just formed an LLC (sole member). I haven't been able to set up a bank account for the LLC yet, and my question is this: if I purchase and assign a property under the LLC...
Kaylee Walterbach
Is HELOC interest a deductible expense?
Hey! I used a HELOC for property expenses. Is the interest on that HELOC a deductible expense against that property's income?
John Schweitzer
Looking for a CPA who knows real estate
Hi,
I am a new investor here in Utah. I'm wondering if anyone knows of a good CPA in Davis or Salt Lake County who has experience doing taxes for real estate investors.
Thanks,
John
Alonzo Moreland
Looking for general tax advice
I'm a small investor. I currently have a triplex and single home that I'm renting out. I purchased the single home in 2023 and also purchased and sold a fix and flip in 2023. I lastly own my primary residence and hav...
Michael Plaks
Reminder: tax advice from Realtors and other non-tax-pros is unreliable
I just copied this from some realty brokerage. They had the confidence to post it on their website without being verified by tax professionals. And it is totally wrong - because inherited property is always long-term....
Robert Chaiton
Property LLC Structure Help
Hi All,My girlfriend and I just closed on a property in AZ and I’d like to set up and LLC or LP which outlines our equity ownership and responsibility etc.. I’m not sure the exact path we should take and would love to...