need suggestion on renting a house, Any CPA here?

need suggestion on renting a house, Any CPA here?

Member since 2022 · 44 posts · 20 votes

Hello, I am looking for experienced CAP who helps with tax report, business, and some tax advising. My husband just started his own law firm, and we bought a house, and we are trying to figure out it will be good idea to rent a whole house or rooms.

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  • Real Estate Broker · New York, NY · Member since 2020 · 2k+ posts · 1k+ votes
    3y

    Hey @Sejin Kim - congrats on the house purchase and your husband's new business! 

    If you're living in the house, it wouldn't make much sense to rent the whole house out. Additionally, I recommend doing a quick Google search for small business CPA's as most of the CPAs recommended through BP users are mainly geared towards full time real estate investors. 

    Good luck and wish you both more success. 

  • Member since 2022 · 44 posts · 20 votes
    3y
    Quote from @Mohammed Rahman:

    Hey @Sejin Kim - congrats on the house purchase and your husband's new business! 

    If you're living in the house, it wouldn't make much sense to rent the whole house out. Additionally, I recommend doing a quick Google search for small business CPA's as most of the CPAs recommended through BP users are mainly geared towards full time real estate investors. 

    Good luck and wish you both more success. 

    Thanks! We have other place we can stay with cheap money. 
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