William Copeland
Charlotte area CPA recommendations
Can anyone recommend a qualified and experienced CPA that specializes in real estate in the Charlotte, NC area?
I have prepared my own taxes up until this point but feel that I now may need the expertise of a tax pr...
Pete Krentz
Live in Duplex analysis
Hi All, I've never used this analysis forum before and thought I'd give it a try.I'm looking at buying a duplex and living in one of the units while renting the other. The unit is in a great part of town (Sioux Fall...
Izzy Nathanson
Shopping center expenses estimation help
Hi,
I'm trying to estimate how much the management fee and regular maintenance (snow plowing landscaping ) for a small shopping center in New Jersey about 15-20 retail stores so we can get to the real NOI with our ow...
Ryan Brubaker
Do I need an EIN for my LLC?
I have formed an LLC in Indiana to hold my investment properties. According to the checklist on the IRS website I do not need an EIN. Also, according to my bank website, when I go to set up my company bank account t...
Aubrey Ford
How much of the house can I consider as rental for Tax purposes?
I bought a SFR with a completely built out In-law suite in the basement. My tax person says I can deduct a % of the repairs I've done based on the SQ Footage of the basement unit. Seems clear enough. However I am also...
Jesus R.
Help with Tax form 1120S
Here is the scenario...S-corp LLC was established in Feb 2018 for residential real estate investing/flip.It started with cash deposits from both managing members to purchase a single family home in Feb 2018 for $80k. ...
Ruchi Patel
Investment house property taxes
We are in the process of purchasing a investment 2 family house. I would like to know what can be deducted or depreciated from the closing costs expenses ?
Ruchi Patel
Investment Real Estate Tax
Hello, we bought a investment property in October but was not rented till February 2020 as it was going through renovations. Can some real estate accountant guide me as to what can be deducted on my 2019 tax return. I...
Chris Webb
Looking for thoughts on a deal I am working on.
Hi All, I am looking for some thoughts on a deal I am working on. The property is a 6 unit building with 4 living units and 2 commercial units. Below is the input from my spreadsheet. Taxes are from the assessors webs...
Jessica H.
Chicago Utility Estimates
Hi, I'm planning to purchase my first house hack within the next year and was wondering what are some good monthly estimates to use for water, water/sewer tax, garbage/recycling, heat, etc during analysis.
I know fo...