All Forum Posts by: Sarah Waterman

Hi Fang,

The short answer is that "renovations" aren't necessarily expenses. Certain renovation costs MUST be capitalized and depreciated, others may not need to be. 

More specifics are required to give you a correct answer for your tax situation.  Talk to your CPA.  

I have referrals for real estate friendly CPA's if you need them.

Hope this helps!

They are definitely out there, just not sure about your area...

Try: Biznow, Meetup, Eventbrite, your local REIA Association, Builders Associations, etc...and my fav, Google.

Hi Fang,

Real Estate Knowledgeable CPA Referrals

I have two that I highly recommend. 

I work with a cost segregation firm.  Upon completion our clients studies, here are two competent CPA's we refer to specifically because they are well-versed in working with real estate clients and know how to leverage their clients' cost segregation studies.

Jessica Green, CPA, Green Tax & Business Advisors, 214-561-0474
https://www.greentaxandbusines...

Sameer Bahati, CPA, B&W Group, 972-763-2499
http://www.bwaccounting.com/

Hope this helps!

Hi Jose,

It is very important when we are finished with our clients cost segregation studies, that we have competent real estate experienced CPA's who know how to process the studies.  I have 3 referrals in no order, just see who you click with.

1- Green Tax and Business Advisors CPA, Dallas, (214) 561-0474 Jessica Green, https://www.greentaxandbusines...

2- BW Group, CPA Advisors, Dallas, 972.763.2499 Sameer Bhatia, http://www.bwaccounting.com/ab...

3- The Bonafied CFO, Real Estate Book Keeper, Felicity Duvall, (402) 630-7352

Good luck!!

@Eudith Vacio

here, another woman in real estate :)

@Jennifer Pauyo

i'm here! ;)

female in real estate (speciality tax credits)

@Adam Kelfer

monthly

I don't have a date for June yet

P.m. me for an invite

I just realize that...Bigger pockets is amazing but their app is so clunky it really needs an overhaul!!

Perhaps I should start a competing app...??

@Trevor Bond

I have a meet up Thursday, May 13 at the rustic in Dallas, 5-7pm

Feel free to join and bring a friend if you want of course it's free of charge