Greetings, Seeking advice on weather my wife and I should file married jointly or married separately. We married about a year ago and are looking to invest in multi family rental properties this year but would like to...

Hello! I am trying to figure out how house hacking and filing taxes works. If I am renting out a room (or two) of a home to an unrelated party how do I report that income? What benefits would I receive? Any tips and t...

Hi all 1031 exchange experts or CPAs.... I sold my property in November of 2020 and closed on my replacement property in March of 2021. What (if any) are my S-Corp filing requirements for the 2020 tax year- do I need ...

If my gf is helping pay about 1/3rd of the mortgage, is that considered rental income or personal income for taxes? Can I file for depreciation? 

Hi, I live on Orange County Texas and am just starting to get into the real estate/ rentals/wholesaling business. I went to our local tax office and got the delinquent tax list for my county which they gave on a CD. T...

Hello, 
Looking for someone that could assist with filing my taxes.  Does anyone know an accountant that is familiar with NY and NJ tax codes?

Thank you!
Jose-Luis

I formed an LLC for our six properties mid way through 2018. My property manager for my one out of state property wants to know if I will be filing my taxes under my name for 2018 (like they’ve been doing for the last...

I have ran across individuals who flip houses and am curious as to what techniques they use for tax filings when they are not incorporated under an LLC or S corporation? When an individual purchases a property, how do...

We recently purchased a condo that we’ll be renting out and formed an LLC naming both spouses.  I’m not sure how to fill out the  ‘Federal tax election’ section on the LLC request for information form tr-570 from NYS....

Good afternoon BP.So I'm still in my education phase of REI, and I just spoke with a CPA about setting up our legal structures and tax structure.He mentioned that accountant fees are typically $2K/year.I'm wondering i...