Brian Zintel
Prospective Renter's income is mostly cash
I have (2) prospective tenants for a property of mine. One tenant works at a restaurant and the other at country club. Both tenants claim that most of their income is cash and that they can not meet my minimum require...
Ryan Williams
Help analyze potential first multifam house hack in FL Panhandle
Hey guys, thanks in advance for any advice. I'm looking to house hack my first multifam property as a buy&hold in the Milton/Pensacola, FL area. First post so apologies for missing info and/or formatting. Purchase...
Joe Wood
End of year tax payment
Good afternoon,I have not paid income tax on my business income for the year, which I was planning on doing before the end of 2018. My accountant is currently away until the new year, and never received the vouchers f...
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...
Melissa Reid
Computerized Accounting Class
Hello,I am taking Computerized Accounting Systems. Is it a good idea to take Computerized Accounting so I would know how to balance the books when operating several apartment buildings?
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?
Account Closed
House Hacking - Need Help
My goal is to buy a home by age 25 (Nov 2020). I want to house hack and rent to a few friends in order to build up equity in the property which will be used to fund rentals. 1) What are the rules/paperwork surrounding...
Eva Mackowski
STR accounting questions
Hello fellow investors,
I'm trying to figure out the best way to manage my str business. I own 2 vacation rental properties in TN but live in Texas. I chose not to put the rentals under an LLC, and am planning to ...
Casey Gilbert
Tax liability on total loss insurance payout
We lost our STR this spring due to a wildfire. Our insurance (replacement policy) has paid out the cost to rebuild which our mortgage company is holding. Every cent of this insurance payout will be going to rebuild th...
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...