Hello BP. I was wondering if others commonly request the seller / landlord's tax returns when buy a rental property. if so what is the common practice for this. would it have to go through an attorney to scrub the per...
2017 was my first year in the vacation rental market. I just received a letter from the county requesting that I complete a Business Personal Property Tax Return. I called and spoke with the lady in charge and she sa...
Wanting to be qualified by a CU. She asked for 3 years tax returns among other things. Haven't had to do this for as long as I can remember. Considering each return is 25 pages, was wondering if you all bring in the w...
Anyone has a recommendation for an accountant who can help me maximize my tax deductions. I feel like I am not getting all my deduction from my current accountant. Thank you.
Hi all,
My accountant just got back to me about filing my 2013 taxes and he says I need to file 1099s for all the contractors I paid over $600 for over the course of the year.
Is this standard protocol ...
There is an official guidelines that yearly repairs and improvements expenses for a rental property should be below 2% of the purchasing price. For example for 100K Douplex we will spend no more than $2000 during the ...
Hello allMy wife and I jointly own 2 properties, 1 in Florida and 1 in South Carolina and are looking for a recommendations for an accountant to file federal and state tax returns for each of us. would appreciate any ...
Investment Info:
Single-family residence buy & hold investment in Birmingham.
Purchase price: $8,000
Cash invested: $10,000
Great Tax Deed I was able to get right before redemption period ended! ...
Greetings.I am looking for some advise on cash out refinance mortgage with my below described tax filing condition. I am in a scenario where my 2019 returns have been e-filed and processed by irs. For the year 2018, i...
Hello, what is the typical cost range for CPA tax returns on an LLC entity on a syndication with 10 investors? Multifamily deal. Standard 70/30 structure, nothing crazy or weird. Thanks