Ok so I live in a duplex, and rent out the other half.

1. My CPA is telling me we will deduct 50% of the shared expenses on the building the rest is considered my housing costs.

2. I was reading somewhe...

Hi BP,

I'm new to REI and looking to build my team per the Ultimate Guide. Does anyone have a recommendation for a great accountant in the Silver Spring, MD/Baltimore area?

Thanks!

Alison

From last two years i was in real state business , i earned huge profits in begining so to invest more i picked up large amount of money from market at 20% annual interest and invested all in real estate  and just aft...

Hello,I made my first purchase back in July.Just getting a feeler out here to see if anyone can suggest or if there are any CPAs/tax professionals on here that I could have a meeting with.Haven't decided if I'm going ...

Hi everyone-

I represent a company looking to increase it's marketing efforts for a certain piece of raw land. It's listed with several brokers but many of them in Costa Rica rely on walk in traffic and don't always...

I have an appointment to meet with a CPA on Monday, and am researching everything now to test his knowledge in real estate planning.  (any specific questions to ask would be helpful)I looked at all of the different ta...

Hi,Can someone refer me to a real estate investor friendly tax CPA? Naveen.

I first want to acknowledge the pain and tragedy that millions have suffered worldwide from the sudden loss of friends and family due to Covid-19. No one could have been completely prepared for what we are experienci...

What is the tax rate -income tax- for renting property? Is there a State and Federal income tax? I know some states don't charge income tax on rentals, but you still have to pay the Federal income tax?Can you get a be...

I just passed my Illinois Real Estate Exam and looking for a sponsoring broker. There are so many options and many have similarities as far as commission splits and training at least what they advertise online.  Does ...