Does anyone know a good tax attorney in Virginia Beach, VA. I have a client that will be liquidating their portfolio and wants to roll it into something more passive. Hopefully be able to do a 1031!
Hey everyone,A close friend and I are interested in purchasing investment properties in the US, I'm a citizen and have a rental property in the US currently. They are self managed, i have never taken on partners but ...
What is the best way to go about using multiple CPA's? Why I ask? Lets say you have a W2 job, a non real estate specialized business with your spouse (pass through income), and own a few rentals. You value expertis...
- Income ~$170k, effective income tax rate is about 27% right now. Employer offers full 401k match up to 3%, so I'm putting in 3% to get the full match.- Retiring in about 30-35 years.- Building a rental portfolio is...
Just got my tax return back from the CPA. It's my first time using one, and since I'm no tax expert, I was shocked to see that I owe taxes and that my wife and I only got the standard deduction because the "Allowable ...
Just hypothetical here:If I bought a house on October, 2013. The sales price was $850,000 and the assessed value was $500,000...... Who would receive the property tax credit and how much would the credit be? Thanks
Hello just found out about Bp and looking forward to using it, also just made my first ever sale and stoked ! I am however worried about getting taxed on my duplex I just sold I owner occupied it the whole time and re...
Hello, my name is Rayjunior nunez. Currently, I’m building up my savings as well as my work 401k. I’m probably one to two years away from Real Estate investing but I’m interested on working with a tax accountant from ...
Hi everyone! We just closed on a cabin in Sevierville, TN and need some help getting the business license and tax situation figured out. This is our first STR, and we live out of state in Seattle. Since we went with a...
My wife and I bought an investment property in 2021 that currently has an All In One (AIO) loan that we’ve used like a HELOC to buy other investment properties. The AIO is our only debt on the property and is in our p...