Time for a Real Estate CPA & Trust!

[Mariam Dao]

HI Bigger Pockets Family,

Since I have become a member on this platform a lot has changed for the better. I decided to turn my long term rental property into a STR and thank God I did!. It has made me double and some months triple what my rent of $1800 would have been and the best part is that I do not have to deal with a long term tenant beating up my property. This decision did not come lightly as I bought the property Nov 2020 and renovations were completed in march of 2021 but the property sat vacant for 6 months as I was screening tenants and even section 8 tenants. When I would select a tenant the paper work would not follow so I did my research on the demand on STR in my area. Air DNA rated my area a B+ for STR and I furnished the property listed it on Air bnb and got a 1 week long reservation 2 days after listing. 1 year later and the business is thriving. I finished my first BRRRR with that same property and now I am focusing on scaling my business. I secured a duplex as well as two lots with a property on one of the lots that need a ton of work earlier this summer.

Im in the process of completing renovations on the duplex to get ready for STR and then move on to tackle the renovations of the home that needs a Lot of TLC with the extra vacant lot. Does anyone in the jersey area have experience putting an ADU on a vacant lot or on their existing lot?

Can anyone give insight on putting your real estate assets into a Trust? I invest in the mercer county New Jersey area and I see a few different options but I wanted to see what advice I could get first before making a decision. Where is the best place to find a real estate CPA? 

Thank you so much for any help or insight you may have.