Cam Chan
Low cost option for Cost Segregation?
Does anyone know if there is a software or service that is a Low cost option for Cost Segregation? I understand that there is such a service/software that is enough to meet IRS standards without an actual appraiser g...
Bette Hochberger
Hello Fellow Real Estate Enthusiasts!
I'm excited to be part of this vibrant community, and I wanted to take a moment to introduce myself! I am CPA with a strong focus on the real estate industry. My passion lies in helping individuals and businesses navi...
Andrew Abeyta
As a CPA, how often are you pulled into the LP Pship Agreement drafting conversation?
Typically I see some OAs and PAs that grossly undermine the the goals of the investors. Undoing the mess via amendments, etc… always tends to be laborious and more expensive then getting these right the first time.Why...
Cody Caswell
FHA Loan for Primary House - Full Time Real Estate Investor
Is it true you can use taxes, depreciation, insurance, and mortgage interest for qualifying income when applying for an FHA loan on a primary residence? Backstory - we have an apartment complex that had a $339k loss o...
Paul O'Connor
Tax Lien Investing… I have questions.
Ok… so I understand tax lien investing as a race to the bottom. Meaning… investors compete against each other, lowest interest rate wins. Right?Owner has a set time period to pay the back taxes that you paid back in f...
Michael Pannacciulli
CPA needed when starting out?
Hi - when do most folks hire a CPA? Before the first purchase, after...after several investments?Also if you are an out of state investor, do you pick a CPA in your home.state? Does it matter much? I don't expect o...
John Miller
Weird generic property ownership questionnaire
Hello BP community! I got a generic property ownership form from the city that wants info on rents, DBA ? , date first rented. Has anyone had a similar inquiry? Is it better to respond legally or simply to fill ou...
Joseph C.
Lorraine Evans CPA Elk Grove would you recommend her?
Hi BP,
Has anyone used Lorraine Evans CPA in Elk Grove, CA? please give your feedback.
Mayer M.
Solo/individual/checkbook 401k question
Hey,Hoping someone can assist.Last year I setup a individual 401k aka checkbook/solo 401k.I have real estate projects in South Jersey and Philadelphia, but the 401k was setup under my NJ flipping LLC. My attorney is s...
Max Emory
Basic Differences Between a CPA and Bookkeeper
Honestly, most of the questions I get as a Bookkeeping Professional are tax-specific. I’m always happy to answer but I have to disclaim that, “I’m not a CPA,” and, “You should verify anything I say about taxes with yo...