Rose Schad
Multifamily did not rent or advertise- Schedule E?
I have a multifamily home with 3 units. I live in one unit and the other 2 are rentals that had been rented out prior to 2023. In 2023 I did not rent the units out or advertise them. I do intend to rent the units out ...
Daniel Molina
Seeking experienced real estate CPA
I am seeking a CPA who has experience working with real estate investing clients. Location is not an issue, what's important is a CPA who has experience and knowledge working with real estate investment clients. Seeki...
Frank Sparacino
Accountant co. for K-1’s, small retail cre property South Metro, GA area
Looking for a new accountant, PREFERABLY IN GENERAL AREA mentioned above., to prepare K-1’s for a head LLC, which includes Five owners of the head LLC, (we each have our own LLC’s with different % of ownership in the...
Dionne Coward
1031 Exchange- Seller Credit
Does the seller credit I get on my closing statement in a 1031 exchange "reduce" the purchasing expenses or do I reduce the sales price (fmv). These tax softwares do not make it clear where to enter what.
Bryan Pham
Recommendations for Tax Software and CPAs in the LA/Bay Area?
Hi BP,After finishing the "Tax Strategies for the Savvy Real Estate Investor", I am inspired to become more proactive with having more control over my taxes. Does anyone in BP have recommendations for Tax Software the...
Gp G.
corporate tax act information filing
Hi,My tax consultant is busy and said he will file 'corporate tax act information filing' later but never got back to me. What is last day for this? Any penalties I have to pay. Any website where I can do myself? Plea...
Char Bacheh
help with the calculation
i made 30k throughout the year, why is it when i put the full 30k on my schedule c i get a refund, and when i put 25k on schedule c and 5k as a distribution from my s corp i owe money, i thought distributions dont hav...
David Lopez
Tax software or CPA for filling taxes
Good morning all. I am looking for tax preperation advice. I am thinking of swithing from my CPA and doing everything online. I have never prepared my own tax returns. I have never used tax online software and it look...
Account Closed
Purchasing Tax Software - Business or Personal purchase
I currently have a single investment property that was in full use for 2019 that was in an LLC. I will be doing my own taxes as I have for the past 10+ years and will be using TurboTax as the software. My question i...
Christopher Lambert
Tax software for renting out a room
Just curious if anyone knows what do it yourself tax software would be best for a condo where I have one roommate (I own the condo, he is renting a room from me). I've always used TaxAct in the past before I started r...