Introduction - Newbie Investor

[Nicholas Bacon]

Hi All, 

Been a member since 2020, but not very active. I finally have my first deal done and generating income. I am trying to review the process and see what lessons learned can be gleaned from the whole experience. 

I am mostly interested in learning about how to keep track of income and expenses, when to take depreciation, and other tax focused things.

Best,

Nick

[Nicholas Bacon]

Thanks Ray, my first deal was actually in the Buffalo, NY metro area. So not quite the same as South Florida, but I do have aspirations to move my investments south, where the commute is a little less!