Ingo Bothe
Tax considerations BEFORE investing in STR in Orlando
Hi everyone,
Pretty new here and planning on investing in a STR in Orlando. I am certain that there are many opportunities to consider on tax and business structure before buying so curious what some experiences have...
Jordan Couchman
Canadian Looking for US Cross Boarder Accountant
Canadian looking to start buying property in the States by the end of summer 2024. I'd like to set up the company structure now and would like to do so under the advice of a well recognized cross boarder accountant th...
John Humphries
$30,000 in a Roth IRA wanting to invest in RE. What would you do?
Hi BP SDIRA experts. I'm looking for some advice and opinions. Here's the scenario:$30,000 in a Roth IRA - I'm tired of investing in the stock market and excited about real estate investing. I'd love to use this mone...
Robert P.
How will buying a 200k house and renting out impact Taxes?
First time buying a home. Home is in Massachusetts. Will be renting it out. Any clues on how my year end taxes (not property taxes) will be impacted by purchasing a home, and now having more income coming in. (besides...
Account Closed
Questions on Real Estate Tax Strategy or Investing
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Bryce Davis
Hourly Rate vs Per Job Rate
I am in the process of hiring my own team. I used to have GC's or subs quote per job but I would thought I could save some money by paying a crew a hourly rate.
Example:
2 Do Everything Employees
...
Rawn Wilson
Depriciation Recapture and Long Term Gaines Calculations
I bought a house in 2003 and lived there 3 years. When I deployed to Iraq in 2006, I rented it out and have been renting ever since. I was new to real estate and did not depreciate it until recently (maybe past 4 ye...
Dan MacDonald
Depreciating the capital gains tax owed on the sale of an investment property
I've got client with a question relating to capital gains taxes on the sale of an investment property. If you have any familiarity with capital gains taxes/depreciation please chime in.He bought a single family house ...
Timothy Lewis
CPA vs. RE Accountant vs. RE Attorney for Tax Planning???
Hello BP World!When it comes to handling Real Estate tax, I consistently hear 3 different titles of tax professionals/specialists thrown around: RE Accountants, CPAs that specialize in RE, and RE Attorneys. I'm lookin...
Nick McCrorey
New Member - Chicago
Hi All,
After listening to the BP podcast and reading the blog for a couple months, I figured it was time to officially join the community! I am a buy and hold investor with 4 single family homes, living in ...