Austin Hurwitz
Managing Business Income & Expenses for Tax Purposes
Hi All,I'm looking to separate my rental income and expenses into a separate bank account and credit card. This is to make it easier for me to track everything for tax purposes. Does anyone have recommendations on bes...
Mike Ficzner
Property Management in Cleveland Oh: tax return = moreownership
We want to be prepared to ensure that you are given the best buying experience with knowledge and expertise to guide you along the way. We are here to guide you on purchasing a brand new home in Ohio.Today I would lik...
Okey Anebere
Tax advantage of my own property management company
I am researching the tax advantages of started my own property management company to manage my rentals. My current plan is to create it as a LLC taxed as a S-corp and pay the company a management fee to manage my long...
John Sampson
Self filing taxes for small property management company
Hello, let me start by admitting I know I should have had an accountant do my taxes! I have a single member LLC for a property management company. The company collects all rents, so I have 1099 MISC from several agen...
Michael Winaker
How to manage taxes and money in motion
Selling a property comes with numerous challenging tax hurdles and cash flows manage. Handled properly, you can save thousands of dollars that can be used for future purchases or renovations. Proper tax and investment...
Ed Moran
Property Manager and Tax person in Central MA
Hello everyone -I’m looking at references for a property manager and a CPA that you have used in Central MA. Any words of wisdom on selecting the right PM also appreciated. Thank you. Ed
Josh Wilkerson
Tax Implications for a 1099 Flip Project Manager
I am in the process of flipping a house with my brother where he is acting as the project manager for the flip. I intend to pay him a % of the profits when we sell but I am unsure on how I should treat the tax liabili...
Victoria C.
Tax Deductions vs. DIY Property Management and Fixes
I'm a new landlord since April, and I've heard and lightly researched all the tax deductions you can have on your rental property, and it all sounds really good... but I feel like I'm missing something.
They say you...
Inga Draper
Managing my parents Vacation home and tax questions
My parents own a vacation home. They'd like me to run the whole Airbnb operation, I would take a 30% management fee (as they would like to pay me as I do have prior experience managing my own Airbnb.) I haven't liste...
Ashley Hamilton
SEEKING TAX ADVICE FOR LANDLORDS AND PROPERTY MANAGERS
HELLO,I'm a property manager and a landlord, I'm looking for advice and tax strategies to lower my tax burden. I feel like I need to start an s- corp but don't know where to start. I really would like to here from tax...