Ask them when the last time they took a course in tax theory was. A CPA is not required to take any CE in taxation after they have their license... So please do your due diligence as well. I know some very good CPA ...
My wife and I make over $150,000 with our W2 jobs. Tax accountant basically said we make to much to write off the depreciation of our rentals. Can someone help me understand this and is continuing to buy rentals even ...
Looking for a Minnesota real estate attorney that can answer buy and hold investment questions. I am also looking for a tax Accountant/ advisors that can guide my real estate business. I have a property in shakopee Mn...
I'm hoping some active PMs who manage vacation rentals for investors can shed some light on this. I have the opportunity to manage vacation rentals as part of my PM company in Wisconsin. The part I can't quite seem ...
So when I left one of my employers, they notified me that they moved my funds into a traditional IRA account (this was before I knew anything about retirement and financial education). As I found out how important re...
I just formed a single member (me) 100% ownership LLC and is in process of buying commerial real estate (office condos) with rental income purpose under this LLC and also using loan from bank.
By profession, I'm an I...
Hi, I'm thinking of partnering with a friend of mine who does not live in the US, and is not a citizen or does not hold a green card. I am a US citizen.Has anyone partnered with a foreigner, and how did that look wit...
I was wondering what the tax consequences would be if a Roth 401k is transferred to a regular 401k or is that not possible? And what are the future ramifications when withdrawing from the 401k since part of it should ...
Hello,I was wondering what is the impact of rental income on your modified adjusted gross income (MAGI)? Do you get to take all the deductions and depreciation from the rental income before it gets added in against y...
Hello Bigger Pockets!I am just getting started with Real Estate investing, but I do not live in the best market. Up here in Alaska, the house prices are high, rent is low, and it is very expensive to remodel a house. ...