US Federal Tax Prep - Intermediate
Budget: $30 – $250 USD
Looking for a USA CPA or experienced Tax preparer, in Plano/Dallas, Texas area 7-19-2024
Federal Tax only
I already have created TurboTax for desktop file. You need to do some data entry and find errors, and fix them. I have already entered many 1099s and K-1s (1065) from passive investments in multifamily real estate. I have been doing my own taxes for 30 years, but this is the first year I have a long-term net capital loss in the millions. A knowledgeable CPA or professional tax preparer should not take more than an hour or so to find and correct any errors.
Some CPA or tax preparer do not understand that I should be able to offset all my long-term capital gains from the stock market or elsewhere with my long-term capital loss as much as I want, plus $3,000 from earned income each year until the loss is exhausted.
Five properties we invested in 2021 filed for bankruptcy in 2023 and were repossessed by the bank, resulting in a total loss of our capital. I was an LP (Limited Partner) and the owner of the LLC for these properties was Applesway, LLC, with Jay Gajavelle as the GP (General Partner).
Federal Tax only
I already have created TurboTax for desktop file. You need to do some data entry and find errors, and fix them. I have already entered many 1099s and K-1s (1065) from passive investments in multifamily real estate. I have been doing my own taxes for 30 years, but this is the first year I have a long-term net capital loss in the millions. A knowledgeable CPA or professional tax preparer should not take more than an hour or so to find and correct any errors.
Some CPA or tax preparer do not understand that I should be able to offset all my long-term capital gains from the stock market or elsewhere with my long-term capital loss as much as I want, plus $3,000 from earned income each year until the loss is exhausted.
Five properties we invested in 2021 filed for bankruptcy in 2023 and were repossessed by the bank, resulting in a total loss of our capital. I was an LP (Limited Partner) and the owner of the LLC for these properties was Applesway, LLC, with Jay Gajavelle as the GP (General Partner).