Hello, looking to get into my first house hack in Chicagoland area. I came across a 2-flat with a basement that has been converted into garden unit with 3 bedrooms and kitchen and bath. My realtor found the city build...

One house, vacant for a good part of the year. (I'm guessing) my deduction would go further next year. Can I pay property taxes in January that are due now, then deduct them as well as next years that I will (plan to,...

I know I will get the "consult your accountant" answer, but can someone either with personal experience or definitive knowledge on the subject tell me if I'm able to contribute my max towards a new IRA for the 2015 ta...

Hi all! Does anyone have a referral for a Kansas City based CPA? Looking for a CPA that has some good real estate experience that can help me with my personal taxes. Thanks in advance!

I am looking to start investing with a partner and would like opinions on whether it would be best to be under the same LLC or would it be best for each of us to form our own independent LLC and partner (or JV) that w...

I flipped 2 houses w a partner. 1st house was a loss of about 60k ea! (120k total)2nd house we are making a profit of 120k but this  "profit" would literally pay us back for our initial investments into our LLC togeth...

I am seeking a Real Estate Investor Financial Advisor to help us put our money in the right places. Our ultimate goal is to buy a house to flip in our own cash. In the meantime, where are the best places for us to inv...

Hello - I have tenants in a rental home in the Cleveland area who have rented the home for the past 12 years, excellent tenants, always pay on time, etc.  They're a married couple, both self-employed.  They want to bu...

President Trump’s nominee for Treasury Secretary, Scott Bessent, testified that extending the ‘Tax Cuts and Jobs Act’ of 2017 is essential to avoiding economic catastrophe.
Part of those cuts included the short-term...

Tax credit 45L for a 90 unit or 112 unit project? What should it cost?New construction.  Followed Energy credit.  The company is looking at charging %25 which seems like highway robbery.   Am I being cheap?