Brad Swearingen
Wholesalers: do you pay quarterly taxes or wait til they're due?
Hey Wholesalers,
I am finishing up this year's taxes and TurboTax is asking if I want to estimate quarterly tax payments. I have never done quarterly tax payments. However, I have a full time w-2 job and then I who...
Caleb Rehg
Filing Quarterly Taxes
I just started an LLC with a rental property inside of it. Do I need to pay quarterly taxes and if so is this doable on my own or should I have a CPA do it?
Jefferson Mcvicker
House flip capital gains
I’m planning on to flip a house later this year. When I profit from a flip I know I have to pay the capital gains, is the tax paid at closing? Or do I pay the capital gains when I do my taxes next year?
James Peoples
LLC MEMBER QUARTERLY TAXES
What's the point of setting up and LLC if members of the LLC has to pay quarterly taxes for income they may or may not make.Someone please explain this logic to me I'm missing something.Why set up an LLC when it's exp...
Mohamed Nagoor
SMLLC Tax Questions for Flipping Home Business
Hi,SMLLC to flip homes. Say I make 30K in gains during a year flipping homes. 1. I decide to take 15K as my annual pay. Can I take the Pay at end of the year when I'm filing my taxes OR do I have to pay quarterly esti...
Andrew B.
Cleveland, OH CPA for New Investor
Hi,I am looking for referrals to a CPA in Ohio to help me get myself set up as a new landlord and to file taxes for 2020 tax year and beyond. I am a CPA myself but tax is not my expertise and want to outsource annual ...
Jessica Johnson
Looking for Chicago CPA
Just moved to the Chicago area from California. Need recommendations for a seasoned CPA in Chicago that can optimize deductions for the following: Nashville TN rental property (purchased this year), La Grange IL prima...
Mark Douglas
CPA recommendations in Nashville
I have my properties under an LLC and I'm spending a ton in state sales tax every quarter. I'd love to get a handle on this.Anyone have a CPA that can help me restructure the business so I can start to save more?
John Pianta
Need assistance (please).
I am considering transferring a portion of a prior (traditional) IRA to a self directed IRA in order to participate in a private placement for commercial real estate. After reading forums/reviews for all of the SDIRA ...
Christopher Hardy
Part-time Realtor taxes
Hi guys,So just a little background. I'm a full-time W2 worker but also have my real estate license. In May, I closed on a condo for my friend and received a $7,200 commission check. I'm aware that full time realtors ...