Jerry Poon
Recommendations for CA-licensed CPA
I am looking for a California licensed CPA who has experience with real estate investors to help with my taxes!
Shirlin Yiu
Looking for CPA for our real estate investments
Hello BP community!Does anyone have a referral for a CPA? We are based in California but our investment is in Chicago. Not sure if that matters in terms of finding a local / non-local CPA.Thank you in advance for yo...
Akash Das
Real estate tax professional CPA
Hey, I live near Tarzana, Northridge area, I am new to real estate and buying my first property as a partner. I am looking to build my team and am looking forward to having a consultation with a real estate CPA who ca...
Aubrey Ford
How much of the house can I consider as rental for Tax purposes?
I bought a SFR with a completely built out In-law suite in the basement. My tax person says I can deduct a % of the repairs I've done based on the SQ Footage of the basement unit. Seems clear enough. However I am also...
Ian Tan
Questions about purchasing property out of state
Hi all -- first time posting on this website. Please forgive me if this topic has already been addressed in another forum. I'm still figuring out how to navigate everything.Background: I'm based in Los Angeles and loo...
Trevor Levine
Can a WY LCC own a % of a CA property if it's a passive investor?
I own 20% of a CA investment property. I'm a T.I.C. partner and passive investor. Meaning, the 80% partner is doing everything from renovations and repairs to property management. I do nothing except receive quarterly...
David Woodside
500 hour rule - material participation
Is anyone familiar with the rule listed in the title and is anyone that has a full-time job in another industry using this rule? The first two CPAs I reached out to advised against this. Looking for someone who is suc...
John Boby
Insurance under Land trust
It's really hard to get insurance under the land trust for rental properties in California. Most agent wants to sell under my personal name and add my LLC name which is the beneficially of my land trust as a additiona...
Andrew Katz
What year do I count income for?
My tenant paid a portion of their rent for December on 12/31/24 (late). I use apartments.com, so the money didn't end up in my account until 1/6/25.Is this considered income for 2024 or 2025?
Allison Meggison
How is everyone finding owners of LLC's with comm. Reg agents?
I live in San Diego and I'm wanting to find out who the owner is of an LLC in Wyoming. A property that I'm interested in, here in San Diego, is owned by an LLC that is registered in Wyoming and has a commercial regist...