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Results (10000)
Emery Regis After escrow analysis, annual taxes nearly quintupled!! Feeling discouraged.
26 March 2023 | 7 replies

Hi all, rookie out-of-state investor here. I've been definitely going through a learning process after purchasing my 1st rental property back in May 2022, and now have encountered another headache where I almost feel ...

Michael DiDonato Property Tax Fluctuation Every 2 Quarters?
13 May 2017 | 6 replies

Hello All,As I have been trying to understand property taxes a bit more, I have been confused by the property taxes levied on the building I currently live in. Below is a screenshot of the JC online tax payment system...

Jared Boundy capturing missed depreciation when selling an investment property
6 February 2017 | 3 replies

Hi all.  So I am one of those folks who missed taking depreciation on my rental, but it's been 14 years. Now that I'm selling the property, I found this mistake.  I'm filing for 3115 to claim the missed depreciation (...

Helene Goodworth Triplex in NY with section 8 tenants already in situ
2 September 2024 | 13 replies

Please tell me this is as good as I think it is. I feel like I am missing something. I don't have financing yet but will be getting a DSCR loan for it. List price is $675000 but he said that they would accept an offer...

Michael Plaks August is a wrong time to be looking for CPAs
11 August 2022 | 3 replies

Somehow, 6 out of the 10 most recent posts on this forum today are all looking for CPAs. 

Now. In August.Guys, this is like looking for a caterer on Thanksgiving or looking for a beach AirBnB the week before Spring...

Harrison Painter What are you going to miss most about George Bush?
20 February 2009 | 25 replies

This should be fun! :mrgreen:

Marcellus P McKinley MLS data missing for house. Is this normal?
27 July 2019 | 4 replies

Morning y'all!  So I've been starting to analyze a few properties to buy my first small multifamily, and I noticed something odd about one in particular. It's a 4-unit located in SE Virginia with an asking price of $1...

Account Closed Questions about Form 3115
18 October 2018 | 6 replies

I have a foreign rental property that's been in service since 2013. I recently found out I could claim depreciation for it. I contacted a CPA and he said I would need to amend my forms from 2015 on since that's within...

Sriram Gonu Please help with analyzing this deal
12 May 2023 | 15 replies

Hello Team I am struggling with some numbers here and would love to hear your feedback about the deal with are In-contract.Location: Panama City, FLUnit mix: 2 2bed 2 bath units, 2 1bed 1 bath unitsPurchase Price : 92...

Pete Fiannaca To turbotax or not to turbotax
9 February 2017 | 5 replies

Hey Everyone,

Quick and relatively simple question. I own 1 SFR in addition to my primary home that I live in. With being so new to the game, should I consider using an accountant for taxes this year to ensure Im not...