Ryan Veil
Minnesota based real estate CPA recommendations
Purchased my first rental in April. Will have another in December and planning to scale to 6-8 doors in 2021. I would like to connect with a good CPA before I get too far along to help make sure I’m engaging in solid ...
Charles Kennedy
What are your expenses for you property? What am I missing?
Hi BP Community! I'm in the process of analyzing some deals and would like to ask current owners what sort of operating expenses they have? I know their is taxes, insurance, landscaping (if not doing it yourself), pes...
Jody Ho
New landlords - 1099-NEC/1099-MISC and QBI deduction
Hi everyoneI am a new landlord from last year and working on my tax return. I found two new things along the process. First, 1099-NEC and 1099-MISC. Second, QBI deduction.I bought two 8 unit multifamily properties in ...
Jaime Arellano
Independent Contractor
Good evening,
I have a question about being an independent contractor. I've read that it's much more difficult to get loans as a 1099 and then a W-2 employee. I'm considered self employed/independent contractor and wo...
Brian Tennies
Seeking an Accountant with extensive landlord tax experience
Hello!I'm seeking an Accountant with extensive landlord tax experience.I've been doing my taxes myself forever and after some recent conversations with other landlords I'm pretty sure I've been missing some deductions...
Camronn W.
Help with a Spec. Home!!!
A novice question here, figured I can ask the Bigger pockets community for some quick help. I'm beginning the process of building my first spec home. How does the tax side of the sale go when I resell? I know it being...
Cameron Chesney
LLC filings for a real estate company??
Hello all! I set up an LLC for my real estate investment company a year ago. Last year I filed personal losses (most just the cost of the marketing and LLC set up fees). It seemed pretty simple. However, this year I u...
Daniel Klucas
Can I write off a golf cart for golf course rental home?
We are in the process of purchasing a rental home in a golf course community and everyone has a golf cart. So, can I write off the purchase of a golf cart for golf course rental? Advertising the property to include t...
Rich Hupper
What is Taxed Higher?
Hello EveryoneI am trying to figure out what is taxed higher interest from a note you hold or cash flow from a property you own?Lets say the interest and the cash flow are $4500.00. After deductions each year you clai...
Robbie McKnight
Relationship between landlord and property managers
Hi Guys - I'm new to the rental property game and I have a few questions regarding the relationship between a landlord and property manager.
How does the billing and banking between landlord and property manager norm...