Andrew Malik
Where do I get a payoff?
I'm using private money for the first time and will be selling one of my projects within the coming weeks. The title company is asking for a payoff letter from the private lender. I do not think my lender is able to...
Eddie Litalien
Raising my foot to the first step
I'm seeking any and all advice from anyone with real estate investing experience. I'm a driven and hungry individual looking to increase my income. I understand that my journey is going to be a long one, and that ther...
Kevin Siedlecki
Turbo Tax for Investors?
Does anyone with multiple LLCs and multiple properties in each use TurboTax?I have two LLCs with multiple properties in each, and I am pretty confident in my ability to enter the data myself after doing it with an acc...
Philip Hy
Are accountants are worth it? Change my mind.
While I greatly respect accountants, I want someone to explain why they're worth the fee for 90% of buy and hold investors. This year my refund was $3,800. My total tax prep fee was approx $4,200 (not unusual if you a...
Robert M.
Accountant charged me to respond to IRS Inquiry?
I received a CP2000 notice from IRS and send to my accountant who prepared taxes. The inquiry was resolved with a simple letter to IRS explaining where income (rents) were accountant for in LLC return. The issue was...
Tj M.
Does anyone use tax software to do there taxes?
I was wondering if anyone is having luck using online tax software to do their taxes? I tried doing my taxes online but just can’t figure it out. What tax program do you guys use?
Jiang Hu
How much do CPAs uaually charge for 1031 exchange tax return?
Hi there,I am wondering how much do CPAs usually charge for a tax return that involves a simple 1031 exchange? $500? I searched on Google but couldn't find much info. Thanks in advance James
Brady Hlad
Tax benefits and organization
Hi, I’m new to real estate. I was wondering what is the best way to keep your tax items organized and the best way to have them prepared for when it comes time for taxes. Thank you.
Roger Grubb
As an out-of-state investor, what questions should I be asking my future tax person?
In the past 2 years we've purchased one turn-key rental, one fix-and-rent, and 4 turn-key duplexes in 2 different states. All currently held in our names.
I don't think just any tax preparer can handle our situation....
Peter Bizios
Tax filing k-1 costs
My business partner and I received a bill for $3,000 through our CPA for filing k-1s on three properties in 2019. I wanted to get a second opinion on the bill before using them again on our 2020 returns. Does this amo...