Is there a section on the site, where I can learn about doing my taxes the smart way? Or getting help to them the smart way (becoming self employed to claim write-offs)? I kind of sort of have a self-owned business (Y...
Hello,i am starting to build a rental business. i am located between detroit and flint michigan .i need a tax advisor to help me choose how to structure LLCs, S Corp, C Corp ,land trusts or all of the above. thanks
I am thinking reconsidering this because I will need to pay taxes regardless if I own a property. If you do consider this expense, how much do you allocate per property?
Greetings, BP followers! Another quick thank you for so much helpful information and advice! We would be grateful to hear recommendations on a good accountant who can advise and direct us regarding rental properties,...
I understand that any distribution would still be taxed, but are prohibited transactions treated any differently after 59 1/2? Suppose I own a property in a SDIRA. After I turn 59 1/2, can I derive any benefit from ...
Hi BP,Are there any CPA, tax planning professionals that I could connect with in the Bay Area?
My friend is buying her first real estate development project. She bought a tear down in Los Angeles and will be building two townhomes. Her accountant advised her to create an LLC once construction is complete for th...
Hi fellow BP friends, i am looking for a real estate CPA in bay area who is investor friendly in terms of owning rental properties out of state for Tax advice and tax planning. Would really appreciate if you can reco...
Context: I am currently house hacking a duplex, renting out the second unit for 1k /month while living in the other.How would I report rental income that I receive through Zelle?I will hire a notary to help with doing...
Hi fellow landlordsI just purchased a rental property and would like some help in understanding what is the best and the most effective/lucrative way to collect rent payments? I have heard business checking accounts i...