Derrick Mehal
Using Two years of tax returns
I wanted to reach out for some advice. I've been in business for over four years and have three years of tax returns to show for my business. I'm under the understanding that at this point the banks will now conside...
Jeromy Asido
1031 exchange rules for tax returns
Hello,
My parents have a rental property for the past 10 years (purchased in 2010). They are wanting to sell it this year, but it is in a trust. They want to sell it for two townhomes where one will be paid off and o...
Sean Ruggiero
Tax Returns, Rental Income, and Refinancing
Hi guys, long time watcher making my first post! Thanks for all the great info this far!
I am single, 32 years old and purchased a small multi-plex as my first ever real estate investment. After shopping many banks I...
Dan Rudolph
Need to File State Tax Returns?
When it comes to crowdfunding, I have heard it suggested that I may have to file a state tax return in every state where I "earn income". Does this mean that if I invest through a crowdfunding platform and purchase p...
Jeremy Buttell
Out of state tax return, Indiana.
I'm in CA and have rental properties in IN. My CPA says that since I had no gains (expenses/depreciation was greater than income) I don't have to file an Indiana state return. Is he correct?I already found errors in t...
Joseph Cavicchi
Reporting HELOC interest on Tax Return
Hello, I'm relatively new to real estate investing and this will be the first year I file taxes after opening a HELOC last year. I used the HELOC for a down-payment on a new house. I now rent out the old house (with t...
Gheorghe Ailenei
Non Resident Airbnb Owner Tax Return
Hi we are a couple from Alberta, Canada owning an Airbnb unit in Florida, wondering if there is anyone interested to do our returns or tell us what forms we have to fill in for the tax return, willing to deduct as muc...
Brad Voisin
1 Year Self-Employed Tax Return
Hey Guys,
First time posting here but have listened to 50+ Bigger Pockets Real Estate Podcasts and have fallen in love with the idea of real estate. My wife and I (26 years old) have lived in apartments renting for ...
Vrushal Dongre
Reporting Principal Loss on tax return?
Had some principal loss for the investments made through (now defunct) Patch of Land. Any ideas on whether I can report this on my tax return to reduce tax liability? If yes how/where? I use Turbotax. I spoke with one...
Khandbari Rai
Amendin Tax return for bonus depreciation
I bought 2 STRs in California and my CPA is not seasoned with bonus depreciation. Already filed the Tax.Can i hire another CPA and cost segregation specialist to get that bonus depreciation? Looking for guidance.Thanks.