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Updated 10 months ago on . Most recent reply presented by

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Tax, SDIRAs & Cost Segregation

CPA in Austin/Round Rock

Magda Lipinska
Posted

Hi guys! 

Does anyone have any recommendations for a CPA experienced in real estate investing in the Austin/Round Rock area? 

Austin, Texas
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Basit Siddiqi
#4 Tax, SDIRAs & Cost Segregation Contributor
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I saw a prior post where you mentioned having a STR in Texas.

you want to have a conversation with your accountant to see if it can be treated as an active property instead of passive.
If it can be, then there is a potential opportunity to offset the losses against other forms of income such as wages, interest and dividends.

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Basit Siddiqi CPA
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