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All Forum Posts by: Bill Hampton

Bill Hampton has started 37 posts and replied 2186 times.

Post: Has anyone used Anderson Advisors?

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,347
  • Votes 885

Search the forums for complaints about Anderson Advisors. 

Post: Newbie trying to learn the ropes

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,347
  • Votes 885

@Drake Backman

Bigger Pockets is a great place to find a tax strategist specializing in real estate taxation.

A good real estate tax strategist can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.

I recommend finding a tax  strategist specializing in real estate taxation, business taxation, financial planning and tax planning.

Consider working with your tax strategist remotely to expand your options.

I would also recommend looking for a tax strategist 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.

Post: House Hacking and Tax Strategies

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,347
  • Votes 885

@Daniel Madhavapallil

You should hire a tax professional. Bigger Pockets is a great place to find a tax accountant specializing in real estate taxation.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.

I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.

Consider working with your accountant remotely to expand your options.

I would also recommend looking for an 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.

Post: Taxes for 2024 - First rental property purchases in August 2024

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,347
  • Votes 885

@Eli Jerman

Yes, you should hire a tax professional. You don't know, what you don't know.

Bigger Pockets is a great place to find a tax accountant specializing in real estate taxation.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.

I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.

Consider working with your accountant remotely to expand your options.

I would also recommend looking for an 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.

Post: Looking for a CPA referral

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,347
  • Votes 885

@Guy Injayan

You came to the right place. Bigger Pockets is a great place to find a tax accountant that specializes in real estate taxation.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.

I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.

You should also 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.

Post: Anyone have any accountant recommendations for someone with a W2 & LLC?

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,347
  • Votes 885

@Michaela T.

You came to the right place. Bigger Pockets is a great place to find a tax accountant that specializes in real estate taxation.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.

I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.

You should also 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.

Post: DIY or hire help for taxes?

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,347
  • Votes 885

@Jonathan Small

I agree with the previous posts. If your friends have a rental they should hire a tax professional. 

A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.

I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.

I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.

Good luck.

Post: Experienced SFH Investor: Next Steps?

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,347
  • Votes 885

1. Hire a virtual assistant 

2. 1031 into a DST

Post: Looking for CPA

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,347
  • Votes 885

@Francisco Camacho

You came to the right place. Bigger Pockets is a great place to find a tax accountant that specializes in real estate taxation. 

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.

I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.

You should 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.

Post: Older Investor needing help getting a Second property

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,347
  • Votes 885

@Robert Stephenson

If you have enough equity in your primary or rental you can get a HELOC or HELOAN and use the proceeds as a down payment to buy another rental. The interest would be tax deductible due to interest tracing rules.

Good luck.