All Forum Posts by: J Zev J.

@Seth Quade - It's sometimes difficult to find a CPA who both specializes in real estate and is located close to you in Atlanta.

There are lots of good CPAs and Enrolled Agents on Bigger Pockets who work remotely and have clients all over the country. You can just reach out to them.

@Ricardo Ramirez - It would probably be a good idea to get in touch with an attorney who specializes in real estate in NYS. 

@Mariel DeVito - Florida doesn't have an income tax so nothing to worry about there. So if you have state income taxes on the rental it would be in the state of the rental. 

@Mariel DeVito - potentially. It's a little more complicated than that. Which state are you living in and which city/state are you investing in?

@Shoshana Shulman - Which bonds are yielding 7%?

QuickBooks works using their class/subclass system. Stessa works too. 

@Jessica K. - I don't think the $100/month depletion is the same thing as the link they provided which is discussing a non-refundable retainer. The "depletion" charge is not common among attorneys. You could ask some other Texas attorneys how they charge and their opinion on this specific charge. 

"Experience is what you get when you didn't get what you wanted." - Howard Marks (co-chairman of Oaktree Capital Management)

What does the IRS have to do with why they're not paying VRBO? I wasn't clear from your post. 

BiggerPockets has a tool now for estimating rents. It might only be for pro members - I'm not sure. You could also look at comps on apartments.com or similar websites.