Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Massachusetts Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

14
Posts
7
Votes
Billy Abildgaard
  • Real Estate Professional
  • Boston, MA
7
Votes |
14
Posts

real estate accountant

Billy Abildgaard
  • Real Estate Professional
  • Boston, MA
Posted

Getting started with renting out a room in my home.  Anyone know of any savvy real estate accountants in Massachusetts they would recommend?  I heard if you write off deduction from the rental room on a schedule E then you have to deduct that depreciation amount when selling the house as you need to exclude that room from the personal exemption on capital gains. Looking for someone to help me navigate these nuances to maximize tax deductions while still maintaining a longer term view.  Any help is appreciated.

Loading replies...