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Updated about 4 years ago,
Tax Strategy for newbie investors
BP Community, as a newbie investor in Rental Single Family properties what is something I should be starting as a foundation to my future rentals. I hear that if you wait until after a few rentals to contact a CPA and start a system, it becomes much difficult and could even cost you money (not saving money!) When it comes to tax season.
Once I started to begin my RE journey. I began tracking all my mileage and expenses via Excel Spreadsheet. Currently closing on my first rental planning to BRRRR after seasoning period.
Thank you all.