Tyler Hogan
Max out Roth or save for real estate?
Hi guys, I wanted to get some outside opinions on something I’ve been thinking a lot about over the past year or so. I have a goal of reaching financial independence by 30. I am 25 years old, married, have a mortga...
Account Closed
Advice on excess 2019 contributions to Roth IRA
Hello all.As I was preparing my tax returns, I realized my 2019 AGI exceeds the IRS income limits for full contributions to a Roth IRA, which carries a 6% penalty for every year the excess along with its corresponding...
Account Closed
Ask me questions on Real Estate Tax Strategy or Investing
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Matt Devincenzo
Choosing a tax preparer for multi state investors
I was in the military last year(2012), and recently got out so some important aspects of my residency status will be changing and I'm trying to prepare for those early.
I'm originally from FL and invest there, and b...
Maneesh Joshi
Philly Tax Account number
Hi All,
Just looking for some general guidance. I am in the process of applying for the Philly Tax account number online (to get a rental license) and one of the screens ask which business taxes apply to you. I kno...
Mark B.
S-Corp Vs LLC for Management Company
Good morning all! I would like to preface this with - I have been looking up the answer for this throughout Biggerpockets and other forums for a few hours and have not found what I'm looking for. If anyone does know ...
Seth Terramane
[Calc Review] New Investor, First Deal
Hi all.My wife and I are just starting out as REI and we’re looking for/at our first purchase. We’re working with an agent and mortgage broker we met here on BP and our strategy is to house hack to get into the game, ...
Jonathan B.
Multiple rentals in LLC multiple bank accounts, opinion?
Hi Guys,
Having several properties divided into several LLCs.. these LLCs are owned by a Parent LLC, which is owned by a partnership.
LLLP -> Holding LLC-> Rental LLC1/ LLC2 / LLC3
All income/expenses are f...
David Baskin
Paying Yourself and Build Reserves
Hello all,I'm looking for interesting ways to pay yourself while building a significant cushion of cash reserves for each property. How do you generally execute this? Do you build up a pot of cash reserves and only th...
Benjamin A Ersing
Avoid 401k, go for real estate?
Anyone cash out and /or stop contributing to a 401k in order to buy more properties? Curious how it went?