Hi BiggerPockets Family,I am a newbie real estate investor and I am located in the Metro Atlanta . I am looking for a local Tax accountant, someone who is Real Estate Investor friendly. Any recommendations? Please adv...
Hello BP,I am forming a LLC that will have multiple members. The LLC will own a rental property outright, so it should provide moderate cash flow, but after depreciation expense, the taxable income will closer to zero...
anyone have an accountant recommendation in the st. louis, mo area?
Hey all,Anyone know a good tax accountant in Maryland? Here is the situation.Inherited condo in DC in 2017- FMV 480kRented most of 2017, 2019, 2020. 23k Reno in 2018.Selling for 525 in December.I just found out my cpa...
I sold a rental property this year. As I'm going through the paperwork to prepare for taxes, I noticed that about 20 years ago my tax accountant put the contractual sale price of the home onto the asset register and ...
Do you have to pay taxes on your monthly cashflow?
I am taking the New York Broker's 45 Hour Course online. Some of the questions doesn't seem right to me.I took a snapshot of the question I had a problem with:Is it right to say that in the Total Expenses, Mortgage Pr...
Hello everyone! We are investing in the Lehigh Valley area (Easton, Allentown, Bethlehem) of Pennsylvania, and currently live in New Jersey. We are looking for a CPA to help us with a joint venture operating agreement...
how do i find out the results of a tax sale auction, including which properties sold,to whom, and for what amount?
I have purchased a house with 2 partners using an LLC. Everything was paid with cash. I wonder if we sale the house and we do not take the money out of the business account, do we still need to pay tax on the profits.