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Results (5,759+)
Mike Bator Self-funded construction of 2 STR cabins ($620k each). Want to build 100 more by 2030
1 March 2025 | 11 replies
@Mike BatorMight be interested but would need to have audited financials on the current rentals to even have our investment team consider it.
Eric Inigo Experience or thoughts on Homeroom?
4 March 2025 | 103 replies
I will try to be as impartial as possible, but here are my notes:* The listing I picked was inaccurate.
Brian Dela Cruz Is your tax preparer a data entry clerk or a CPA tax law expert that adds value?
25 February 2025 | 11 replies
For me, taking the CPA exam was a transformative experience—it taught me more than the 30+ credit hours I spent in college level courses on accounting, tax, audit, and business law.
Brooks McCarvel What is the Most Useful Graduate Degree for Real Estate Investors
27 February 2025 | 40 replies
Quote from @Estela Legaspy: @Estela Legaspy probably not very feasible as with accounting or auditing you work a lot. 
Juan Antonio Villagomez Seeking Advice on Rental Property Tax Preparation
26 February 2025 | 14 replies
(It does not make sense to pay $1K or $2K a year for a return if the tax acountant saves you $1K to $2K a year in taxes.)I linked to this in another comment, but if you're in learning mode it would not be a bad idea to read the IRS's audit technique guide.
Alex Schumer Bookkeeper v. Accountant
24 February 2025 | 13 replies
CPAs (Certified Public Accountants)Role:CPAs are accountants who have gone through rigorous licensing exams and meet state requirements.Responsibilities:•Everything accountants do, plus:•Preparing audited and reviewed financial statements•Conducting forensic accounting and fraud investigations•Representing clients before the IRS in audits and disputes•Developing advanced tax strategies•Advising businesses on mergers, acquisitions, and financial structuringCredentials:To become a CPA, one must:•Pass the Uniform CPA Exam in Auditing and Attestation, Financial Accounting and Reporting, Taxation and Regulation, and a specialized area, such as Tax Compliance and Planning or Information Systems and Controls.
David Pope Tax deductions when 1031 Exchange unavailable
24 February 2025 | 9 replies
I've done these for 5 years now and the fund gets audited every time - knock on wood the outcomes continue to be favorable.
Brian Dean Anyone Investing In Winnipeg?
25 February 2025 | 14 replies
I spoke to local owners who have been audited for increasing rents without there permission and they had to pay back the difference!
Joanne Tsai commercial umbrella policy
24 February 2025 | 3 replies
The bank might turn a blind eye but if they get audited, your loan may become due.
Seth Bradley How Donald Trump Will Make Me Rich in 2025
24 February 2025 | 1 reply
.🔥 #3: The Rich Will Get Richer—So You Better Play the GameIf Trump wins, expect major tax cuts for businesses and investors.Expect lower corporate tax rates, more deductions for business owners, and a friendlier tax code for those who actually know how to use it.He’ll defund the IRS and possibly eliminate the “External Revenue Service” altogether, making audits and enforcement less aggressive.This will favor business owners, investors, and high-net-worth individuals.💰 What am I doing?