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All Forum Posts by: Mellisa Lim

Mellisa Lim has started 1 posts and replied 6 times.

Classifieds

Post: Looking for a CPA in Maryland

Mellisa LimPosted
  • Posts 6
  • Votes 3

Thank you @Alex Olson for connecting me with Dave, his advice is very helpful.  I have connected with Dave and looking forward for his help.

0 Votes
Germantown, Maryland
Classifieds

Post: Looking for a CPA in Maryland

Mellisa LimPosted
  • Posts 6
  • Votes 3

THANK YOU!!!

0 Votes
Germantown, Maryland
Classifieds

Post: Looking for a CPA in Maryland

Mellisa LimPosted
  • Posts 6
  • Votes 3
Quote from @Alex Olson:

What kind of advice do you regarding 1031 exchange advice? 

I thought I had responded last night but I think it didn't post.  I have 2 questions:
1.  Can the proceeds from the exchange be used towards remodeling?
2.  Can the property be converted to primary residence at a later point? If so, how long before that can be done and how does the deferred tax apply?
0 Votes
Germantown, Maryland
Classifieds

Post: Looking for a CPA in Maryland

Mellisa LimPosted
  • Posts 6
  • Votes 3
Quote from @Alex Olson:

What kind of advice do you regarding 1031 exchange advice? 

Can I use proceeds from the exchange towards remodeling?
0 Votes
Germantown, Maryland
Classifieds

Post: Looking for a CPA in Maryland

Mellisa LimPosted
  • Posts 6
  • Votes 3

Thank you!  I sure will. 

0 Votes
Germantown, Maryland
Classifieds

Post: Looking for a CPA in Maryland

Mellisa LimPosted
  • Posts 6
  • Votes 3

I have reached out to a couple of CPAs I found on this forum but have not heard back, perhaps the postings were outdated.  I need to hire a CPA and also need some 1031 exchange advise.

3 Votes
Germantown, Maryland