Eric Schrader
PA Rentals, How do you account for school tax in your rents
Hi everybody. As a resident of PA, I have a fairly large sized school tax bill I have rolled into my monthly mort. Of course the $ amount is based on the area and the govt. assessed value of the home. How does one ...
Babak Zarkoobmanesh
Set my LLC for TPT and Tax Exempt Account with Home Depot
Hi,
I would appreciate if someone guides me with this here. I have an LLC in Arizona. I am planning to buy houses, rehab them and rent or sell them (depends on the property).
Can I get a Transaction Privilege Tax li...
Chris Heeren
1031 Tax Exchange and ultimately keep the cash in a bank account?
So I'm selling one of my rental properties for about a $15K gain in order to put some extra reserves into my pocket to help support buying more properties. I wasn't planning on doing a 1031 exchange as I need the cash...
Cecilia Ann Jones
Got First Rental Property, Now I Need a Great Accountant/Tax Atty
Hello, can anyone recommend a really great accountant/tax attorney? I'd like help navigating tax laws pertaining to my new rental property in Baltimore, MD and with strategies for my next purchase. Thanks!
Ashana Singhania
Advised by an accountant on tax deduction - not sure if its true?
I bought my first rental property and moved it under an LLC. The mortgage is in my individual name. Suggestion Received - Create a loan agreement between myself and LLC for downpayment and furnishing costs. Deduct tha...
Jay Kaltenbach
My Accountant says we make too much to have any tax advantages?
Hey BP Nation...... I'm just looking for some opinions here. My wife and I recently purchased our first rental property in the central Ohio area. I'm sure I did this backwards but after purchasing the property a few w...
Bill Hoo
Advantages to having a tax accountant who specializes in rentals real estate?
I have three rental properties across two states.Been renting since 2004.Till now, I simply tally up expenses and log into a spreadsheet and bring to commerical tax preparing service (ie. HR Block, Jackson Hewitt, etc...
Gary Fox
Ownership by Contributed Capital vs by Tax Capital Accounts in small syndications
Found this site looking for a JD or CPA (or JD/CPA) to answer one question. Sole manager for these (small, < 2.5M in investor funds max) syndications has been convinced by his CPA that the only IRS-compliant metho...
Saran Mandhadapu
HELP! Looking for a Tax Accountant in PA with Real Estate experie
Hi,I am looking for a Tax Accountant (CPA, EA) in Pennsylvannia with Real Estate Tax filing experience with reasonable fees to file LLC 1065 partnership and personal returns for 2017 tax year. I have 3 rental properti...
Nathanael Cotterell
Looking for lawer and accountant - That have worked with Canadian
Hello everyone.
I'm looking for a good lawyer and a good accountant that understand and currently take care of Canadian's who are investing in the USA.
I am currently working with two others that very much so und...