Austin Bright
What expenses can I deduct for taxes?
Newbie investor here.I've read that I can deduct depreciation from my expenses.... What other non-cash expenses can I take out? A maintenance reserve? A vacancy reserve? Or is this not allowed?Also, I know I can deduc...
Niqque Waters
Tax delinquent property, but owner is deceased
Hello! I’m currently interested in a property that is delinquent on taxes $722. I believe that’s a year or two behind. Tax collector office confirmed its delinquent, but not in the tax sale yet and that I should conta...
Luis R.
Depreciation deduction on a Rental property
Would like to calculate depreciation deduction on a Rental property, but what is the land value associated with the rental property? looked up the tax assessor’s valuation information on the rental property. The land...
Bryce Gubler
tax reassessment when transferring property to llc ?
I'm considering to transfer a Los Angeles, CA property that is currently under my name to an LLC. The property is owned outright and is now worth much more than when it was first acquired. Is there a way to make the t...
Wayne Wollesen
Real Estate CPA - Recommendations (emphasis on experience with short term rentals)
Hi, does anyone have a recommendation for a good CPA with real estate experience - focused on short term rentals? Need to book a 1:1 consultation asap!
Yashank Choksi
Recs for Good CPA in the CLT Area
Hey everyone, I am looking for recs on good CPA for me. I have just started investing in real estate and I have 1 property under my belt so far. Does it make sense to have my own CPA when I am starting out or I should...
Jayden Hamilton
How can I write off my home office as a business expense?
Hello fellow investors, I was curious about writing off my "home office" as a business deduction for tax purposes. What are the necessary steps to make sure I get this deduction? Thanks.
David Marciano
Complicated Situation
I have an odd and complex situation I need help with. I have a home that has been in my families possession since 1920's maybe longer. It has no mortgage on it. The deed is in my grandfathers name. It states his fu...
Aaron Campbell
Looking for CPA who specializes in real estate
I'm looking for a CPA to help with my taxes this year, as my portfolio has gone from 1 to 5 homes. I am in the Houston area, specifically the Kemah area. Can anyone make a recommendation?Thanks,
Phil Hong
1031 a personally titled property to a LLC titled property
Hi BP!I am considering selling a property owned in my name and buying a bigger property. I would like to have a single-member LLC own the new property. I read that the name on title for the upleg and downleg need to b...