Christopher Ade
Looking for real estate tax accountant
Please contact me if you’re a cpa and well versed in the real estate industry. I’m looking to start working on my taxes for the year and to make the most of an eventful year.
Mike Flora
Wholesale taxes
when doing a wholesale, either assigning or double escrow, we have the option to choose 3.3% of the sales price or 12.3% of your profit. I don't have an LLC and this is the state of California. Anyone have any other i...
Jeremy Cardenales
Looking for a CPA in Central Florida
Hello BP community ,I am transitioning from buying rentals to flipping down in Florida. I would like to get connected with a good CPA that can help any recommendations?
Victoria Bezden
Can i offset rental loss against self-employment income?
Hello, everyone.I started to fill out tax return this year and figured out that I cannot offset my $40000 self-employment income towards $20000 rental loss, and I still owe 15.3% self-employment tax which is almost 7 ...
Anthony Quint
Canadian buying Multifamily in Canada vs US
Hi everyone,I'm ironing out my investment strategy of purchasing multi-family rental properties, but I'm a bit stuck on choosing the location. In particular, before deciding on a city, I first want to decide on whethe...
Kia Skelton
Buying 3 Properties via 1031 Exchange and 1 Seller is Backing Out
This is my first post but I've been a member for several years. I always browse through for the latest trending topics or to find answers to some of my investment questions. This site has always been a great resource ...
Gary York
Tax ramifications on a re-fi
I am completing my first BRRRR and I am now ready to go to the bank to re-finance and pull money out for my next deal. What should I be considering in terms of tax obligations when making this move? I plan on using ...
David F.
Rent to Own Tax Consequences
I understand that the RTO options payment portion isn't reported income for the seller and is thusly tax-free. Is that the case for a scenario where 100% of the monthly payment is credited to the buyer as equity (no ...
Neha Mittal
Buying llc along with property
I came across a property and taxes for that are low. The seller said he will create a new llc and transfer the property to that llc, then I can buy the llc. This way the state will not reaccess property taxes. Is it ...
Cuong D Nguyen
Owner financing question
Hi All, Question regarding owner financing, is it possible to do owner financing if the property owner is a foreign national? He doesn’t want to pay capital gains tax, so I think owner financing is the best option, pl...