I need a savy Real estate accountant that knows 1031 exchanges

I need a savy Real estate accountant that knows 1031 exchanges

Investor · Haines City, FL · Member since 2017 · 9 posts · 2 votes

I am currently flipping houses (15 deals annually )  continually in the central Florida area and need advice on hiring an accountant that can help me save money and coach me from an accountants view.

0Reply
23 views

Most Popular Reply

CPA and Investor · Paramus, NJ · Member since 2017 · 28 posts · 11 votes
9y
Jesus Canales be cautious. Property that you hold primarily for re-sale (short-term house flips and rehabs) may not qualify for 1031 because you may be holding the property as your inventory to re-sell it. Make sure you discuss with, whomever you work with. Private message me if you have questions
See this reply in the discussion

4 Replies

Jump to latestLatest
  • Qualified Intermediary for 1031 Exchange" · Jacksonville, FL · Member since 2015 · 239 posts · 84 votes
    9y
    I am located in jacksonville in jacksonville florida and am also an avid real estate investor with more than a 30 property portfolio consisting of primarily self storage, Carwash's and eve a 400 acre hunting lodge. Call me as I would be happy to discuss as I started in real estate 20 years ago in the billboard industry and I am also an real estate agent, a CPA, a financial planner and have law degree so I am confident I can help or at least find you someone that can.
  • CPA and Investor · Paramus, NJ · Member since 2017 · 28 posts · 11 votes
    9y
    Jesus Canales be cautious. Property that you hold primarily for re-sale (short-term house flips and rehabs) may not qualify for 1031 because you may be holding the property as your inventory to re-sell it. Make sure you discuss with, whomever you work with. Private message me if you have questions
  • Investor · London, England · Member since 2016 · 26 posts · 4 votes
    9y

    @Jesus Canales speak to https://andersonadvisors.com/. They look after my affairs. Let me know if you an introduction.

  • Investor · Haines City, FL · Member since 2017 · 9 posts · 2 votes
    9y

    THANK YOU Mo gold

Join the conversationCreate a free account to reply, vote on answers and follow this thread.