All Forum Posts by: Andrew Goduco

@Brennan Doherty- Hey Brennan, Just wanted to follow up to see if you ended up using your parents HELOC and how you went about doing it?...I'm looking to do the same thing just want to make sure I cover all tax implications etc...

Also, anyone else want to chime in I would love to hear feedback... 

Hypothetically speaking I too am looking to do a BRRRR with half my money and half my parents HELOC. What are the tax implications (on both sides) if my parents got a 200k HELOC and had it deposited into my checking account then I purchased say a $400k property with half my money and half theirs?

Thanks,

ANdrew

Thank you for the recommendation Jonathan, I will reach out to Jim.

Hi Bigger Pockets,

I'm new to REI and looking for an experienced CPA who is well versed in Real Estate tax law in MA and is in REI themselves. I have scoured the forums and have found plenty of out of state and a few in-state suggestions. However, I'm looking for someone I can learn from and I'm the type of person who learns best in person. Does anyone have any recommendations for a CPA in the Boston Area?

Thanks,

Andrew