Good evening ladies and gentlemen,
I come to you today seeking advice, tips, and 2 cents. Thanks to my wonderful property manager and her amazing networking skills, I have an informal meeting with a seasoned investo...
One question that I get asked frequently is how do I find work life balance?Between running multiple businesses and having a personal life, it’s something I’ve definitely had to learn over the years.Based on my experi...
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...
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...
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...
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?
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
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...
Hello,We just got a pre-approval to potentially get an unsecured business credit card with a 100k limit, Interest free for the firts 6 months.Now here's the fine print, if we decide to go with this card, the cost to g...
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.