All Forum Posts by: Havital Miltz
Havital Miltz has started 0 posts and replied 34 times.
Post: Anyone have any accountant recommendations for someone with a W2 & LLC?
- Accountant
- Accepting new clients from anywhere in the USA
- Posts 37
- Votes 19
Happy to assist you, I am a Tax Advisor and an investor myself, I work with people from all over the US
Post: IRA funds as down payment
- Accountant
- Accepting new clients from anywhere in the USA
- Posts 37
- Votes 19
If you have a self directed IRA there are no tax consequences (but potentially various other issues), otherwise you will be subject to tax at the highest dollar rate as well as penalties if you are under 59.5
Post: Looking for a CPA referral
- Accountant
- Accepting new clients from anywhere in the USA
- Posts 37
- Votes 19
Happy to assist, I am an investor and a Tax Accountant, feel free to reach out
Post: How to meet material participation hours for out of state investors
- Accountant
- Accepting new clients from anywhere in the USA
- Posts 37
- Votes 19
Hi there,
If you live in another state it would be very difficult to show that you materially participate, as you need at least 500 hours, considering the IRS sees where your home state is and where the rentals are, it may raise red flags for the IRS if you try to claim that... as a tax accountant and investor myself, even without actually speaking in person, I do not know I feel comfortable suggesting you show material participation