I bought a house I’m currently flipping last year. Can I use the purchase price as a tax deduction? I would appreciate all info as this tax season I’m being hit with a $6k tax bill.
Hi all,
Does anyone know a good tax accountant in the NY area who specializes in accounting for people who own many rental properties under different LLC's? It gets very confusing with many different LLC's. My acco...
Hello,I am sick of the CPAs I have worked with so far. They either are not aware of real estate nuances, or keep missing key business deadlines, or just are totally uncommunicative. I am exasperated with the ones I ha...
Looking for CPA recommendations in Chicagoland/Illinois (primary is in Chicago, rental is in Champaign, IL). Need someone who is well versed w/ student loans as well as I file separately from my husband to save on mon...
Good Morning!,
We are looking to consult with a CPA experienced in real estate investing in the Northern Virginia area. Does anyone have any recommendations and positive experiences? We have a few properties and are ...
Would like some info on capital gains Scenario. -Purchase price $250,000 -Cash out refinance 10 years later new morgage is $450,000 appraisal 750,000 -Used the $ to invest in more Realestate. - Decide...
We recently formed an LLC in a different state than where we do business and live. What is the correct state to file our LLC tax return? Thank you
Looking for recommendations for a CPA in Charlotte NC.
I’m looking for a real estate friendly CPA in the Central Valley California area (Tracy, Lathrop, Manteca, Stockton, Lodi, Modesto, etc) to help me with my 1st year of filing taxes for my LLC, taxed as S-corp. Does an...
Hello all! We are looking for recommendations of CPAs with experience with STR and real estate taxes in Puerto Rico. We currently have two investment properties in PR and are planning to start a STR and want to be sur...