Miles Presha
88 year old seller with 500k on capital gains
My wife's client looks to clear about 500 K after selling her 4unit property. What's her best option to avoid heavy capital gains? An annuity? She's buying another home moving to TX. MY
Alex Shipp
Would you trust an Enrolled Agent to do your taxes?
There's not a lot of info out there on enrolled agents, but they are just as qualified as CPAs to do taxes. They must pass a 3 part test that is created by by the IRS. I've been thinking about getting my EA certificat...
Frank Lindeman
Looking for a CPA in CA that will work with me to use my 401k fun
I am in Modesto, CA and have talked to 2 very reputable CPA's about utilizing my 401k to invest in properties. Both CPA's proposed that it is possible but it is a lot of work and not worth the hassle. Neither CPA got ...
Eric Hamilton
better to donate or sell
Hi I was recently involved in a scam of real estate. Im trying to recoup my loss the best I can I have two options and want to know which one is the best in terms of losses on taxes and getting more money back on my t...
Jason Chase
Need CPA to Certify My P/L for Real Estate Purchase
I'm trying to finalize a purchase but underwriting is not accepting my profit/loss statement and says it has to be certified by a licenced CPA. I need a CPA who can get me a quick turnaround. This would be for 2020 a...
Chris Mason
PSA: Self employed generally now require ONE year of tax returns.
I'd say that over 60% of the time, the "automated underwriting system" (AUS) only calls for one year of tax returns for self employed persons. Not the two years you read about on google search results from 2+ years ag...
Garret L.
Does it matter in which state my CPA or Attorney live?
I guess you could call me a newly educated long(ish) time investor. Three houses over 10 years but I only recently started learning what actual investing is and what it can do for me. In order to advance and accelerat...
Account Closed
Seeking CPA to handle form 1065
This is my first year putting a single property into a LLC. I am having issues and confusion on trying to fill out form 1065 so I am looking for some guidance.Is there anyone in the Sacramento area that is specialized...
Mike Snyder
Recommendations for an REI competent CPA?
There is a great discussion on BP about LLC usage and caveats for REI properties here which highlighted the need for competent CPA who understands these waters. This may seem self-evident but can I get some feedback f...
Scott Hubay
Need a Cost Segregation in Cleveland
Question for everyone: I'm looking for an accountant/engineer who does cost segregation depreciation analyses in the Northeast, Ohio area. I just bought a duplex as an owner occupant, and I want to maximize my depreci...