Updated about 3 years ago on .
Most recent reply
presented by
Rental Tax Strategist
Hello!
I’m relatively new to the rental investment world. I was wondering if there is a recommendation on a tax strategist for new investors— it’s my understanding there are ways to offset W2 income in doing so.
To provide some insight/perspective, I currently have one investment property in California, but I intend on purchasing a 4plex out of state this year.
Thank you for your time in advance.
Most Popular Reply
- Tax Strategist| National Tax Educator| Accepting New Clients
- 4,541
- Votes |
- 3,796
- Posts
A Tax Strategist and a CPA are absolutely not the same.
Many CPA's don't even work in tax, some do, and some are amazing- but even then many don't know REI.
I received this message on IG 9 minutes ago
"My CPA said since my w-2 income is above $150k I cannot deduct my air bnb activity losses. Is there a spcific code section I can send him to show otherwise".
Linda who commented above is REI specialized and I would recommend reaching out to.
