Cha Yang
How do you prepare to lose on a flip?
I know everyone plans to win and due diligence is key to reducing loss in real estate. Either way there are times you will lose money, be it due to bad judgement, emotions, markets, under calculating repairs or over e...
Philip Lagaris
Foreign Earned Income Deduction
Hi there,This is a question about tax deductions and qualifying income.Last year I qualified for the foreign-earned income deduction (FEID), a deduction that allows me to deduct about $100k from my taxable income beca...
Account Closed
Personal residence to rental property
Hello! I purchased my personal residence in September 2021. I anticipate to be moving in September 2023 and would like to rent out my personal residence. I have a few other rentals in the area that are owned by LLC's....
Account Closed
Best Real Estate Tax Book
Before I graduated I took a taxation class. Don't get me wrong it was great. Learned a lot about a lot, but absolutely nothing about taxation on Real Estate transactions. Does anybody have any books they would recomme...
Amanda Han
Job Opening for Tax Positions in Real Estate CPA Firm
Are you a tax accountant looking to specialize in the real estate industry? If so we want to talk with you!Keystone CPA is a boutique CPA firm located in Orange County, CA. Since the recent release of our BiggerPocket...
Josh Rowe
San Diego Accountant Referrals
Looking for referrals on an accountant based in North County San Diego. For personal/business preparation of taxes.
Jerome Andaya
Need advise for LLC formed where investment prop is located
For out-of-state investors who formed an LLC in the state where the investment property is located, did you have to file for qualification as a foreign LLC in your home state? Just looking for clarification because it...
Jeff Wittig
Whats the best entity for a house flipper, Washington
Hello BP community. Have a question that I'm hoping someone may be able to offer some advise on. When purchasing a house to flip would it be better to purchase under my General Contractor LLC (mainly used for ho...
Jesus Mendoza
Looking for Tax Person in SOCAL
Hey, does anyone knew of any good by the books but also creative CPA? I'm a real estate agent and a 1099 job and have my LLC. Just my current tax guy is always lagging and never available, thanks everyone!
Austin Nilsson
Services in Utah County
Hi folks,My name is Austin, and I'm just about to begin my rental property journey by moving and keeping our current townhouse as a rental. But this will only be the beginning!I've read The Book on Managing Rental Pro...