Anyone know a high-powered accountant with real estate investing expertise? I think mine is getting overwhelmed by it all, missing some major deduction possibilities in his rush to make the extension deadlines. I have...
Hey All,
Few questions..
Does anyone know if they are going to extend the date for the 8K tax credit for first time home buyers?
If not, is there a way people can still get it if they close after Nov 30 but before Dec...
In North Carolina.
I bought a duplex for a house-hack in 08/2020 and assumed a long-term tenant in the downstairs unit, who is a bit of a hoarder, has lived there ~10 years - he had been on a month-to-month lease sin...
Hi everyone,How far in advance do you have to give a rent increase notice in Missouri? My tenants' current year-to-year lease is about to expire and I will need to adjust the rent to current market rate. How far befor...
Hello,I am working with this agent that is good. I am not sure what to expect from her once contract is signed.Can some explain what the expectations should be?I already asked her the same information also, will like ...
When do you need to issue a 1099 to a vendor?After contacting several tax accountants for an answer to this question, as well as an IRS agent, the answer provided was the same:You must issue a 1099 to all vendors you ...
Hello everyone, I know we are in the thick of the tax season. However, our CPA unfortunately passed away and I am in need of a CPA who is available at this busy time. My immediate need is an S-Corp entity that I need ...
I'm currently looking to purchase my first duplex in Quincy, MA that I will owner-occupy. I've read a few books on the financials of doing this, but I'm out of my league on things like taxes and whether to create an L...
Good Mortning all, I am newbie in buying HUD property and would like to get opinion/suggestion/tips from all of you guys,I am buying a property in connecticut as owner occupant , its 3 family home and I would live in...
A good Title Company is essential in a back to back closing. It’s also important that you as the investor thoroughly understand the process, can read and figure out a HUD, understand the requirements of an approval...