Nur Al Sharif
S-Corporation Tax Scenarios
Hi guys, I've been trying to understand the tax implications of different entity types. I've developed a really short, brief model of how an S-Corp would be taxed, provided that it is 100% comprised of rental properti...
Eric Hyde
In need of an accountant and legal advice
I live in Torrance, California and will be purchasing property in Memphis, TN pretty soon. I am starting to dive into areas where I'm going to need tax advice and want to make sure I'm doing everything the right way....
Alissa Cole
DIY Taxes with Cost Seg
Hi, we totally missed the boat to get a CPA to complete our STRs taxes. We only had one single family home for 3 months in 2021 so I decided to tackle myself. How do I implement the numbers I received from DIY Cost se...
Phillip Murdock
Can my LLC Secure Loan from Personal Home Equity?
I am new to real estate investing. I was told the best thing to do was establish an LLC as I begin my venture. I plan to access some of the equity in my home, along with cash on hand, to purchase and reno property. ...
Kat N.
Attorney and CPA: working relationship & recommendation
BP nation! It is about the end of the year, and certainly tax is important (as yes, Holiday is important too :) ...) How do you work with Attorney and CPA? Do you consider attorney & CPA is your "core team" that t...
Eric Barnett
New Marriage - To form an LLC in addition to existing LLC/S Corp?
When I refer to a new partner I mean a future spouse (fiance) who I will be investing with. My goal is to be able to deduct business meals, travel, etc. that we already commonly do. I currently work in energy consul...
Jamie H.
How to maximize retirement savings
My husband and I are hoping to maximize our retirement savings this year and need some strategy help. I currently have a 403b through work. There is no match from the company. I currently fund it myself at a total of ...
N/A N/A
Capital Gains HELP-deductions
Help:
Trying to reduce Capital Gains exposure!!!!!!!!!
I purchased a Townhome condo in a Beach resort in 2001. It was never rented. I have been living full time in this property for more than 2 years-my wife ...
Ricky Stafford
Somewhat convoluted sale of main home "tax-free" question
A home was purchased in my parent's name a few years back in 2015. I have been the one living and paying on the house since that time and may end up selling it this year. There will be a gain from the sale. The proble...
Nikki Kofkin
Special allocations of profit sharing in multi member LLC advice?
Hi everyone, I am in a three member LLC as stated above. I am hoping there is a tax expert out there who can help advise on what is allowed in terms of profit sharing, specifically if only one or two members of the LL...