New real estate investor - Needs tax planning and strategy assistance

[Sal Riz]

Hello Folks,

first time real estate investor here looking to build a team - looking for a great real estate agent who can help me find good deals + tax planning strategy partner who will help with setting up the right entity / vehicle and assist in how to plan and setup things in a way to make the most sense when it comes to maximizing profits etc. Please feel free to message me directly if you can assist or just drop a reply to my post on here :) Thanks n have a great day!

[Sal Riz]

Quote from @Bill Hampton:

@Sal Riz

I recommend finding an accountant who specializes in real estate taxation and tax planning. You may want to consider working with your accountant remotely to expand your options.

I would also recommend looking for a accountant willing to work with you throughout the year. You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.

Good luck.

 @Bill Hampton

Thank you for your input - i live in texas and currently am looking for properties in texas but might be open to invest in out of state markets as well - we will see but i wanted input on what entity to setup to protect the real estate under and advice on other tax matters - send me an email so we can connect. Thanks!