Hello all! I’m looking for a CPA to do my taxes that is knowledgeable about all things real estate. I’m a realtor and was asking my current accountant about depreciating my residential property and writing that off ag...

Hi Everyone!I'm a pretty young and inexperienced investor. I've only completed one wholesale deal last year 2018 (I made $8,000) through an LLC I have. I'm trying to file my Maryland annual report before the due date ...

I just had a new roof put on a duplex.  Cost is $10K+When I do my federal taxes on TurboTax it seems to be an "option" as to whether I send the contractor a 1099 form.  What do others do?  Do you send your contractor ...

I currently have a rental property under my name.  However, I would like to have my LLC's name on my property management agreement.  Obviously, the property manager requires a W-9 form for income reporting purpose.  M...

I purchased several tax liens in Alabama that are past the 3 year right of redemption period now. They're just vacant land, no residences. I've exchanged the "tax certificates" with the county for "tax deeds".One prop...

I am just completing a short plat subdivision on a rental that I owned. The land had existing home that has been rented. My plan is to build new homes on the new lots possibly for rental but in future sale as well.i a...

Hello BP members,My parents live in a mobile home in San Jose, CA. It is owned free and clear under my sister's name; however, she would like to transfer the title to me.  There is no exchange in money involved as we ...

Because I cannot take advantage of active deductions related to my real estate rentals, I am wondering if I can pay myself as the "administrator" or property manager of these properties?  The IRS believes you can't ac...

Will sell with a profit of $200K under wife and husband names.

1) $200K at about $3k tax.. not too bad...  shall better to do 1031 or just pay tax?
2)  How much is the fee for doing 1031?   $1000?
3)  The sold p...

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...