All Forum Posts by: Hamza Ahmad

I have always only filed my personal taxes using TurboTax. I'm finally now wanting to outsource this responsibility to a proper tax professional (CPA, tax attorney, EA, etc). How did you find your current accountant? Any referrals for folks in Texas? I live in Austin, TX but open to referrals from other states.

Here are my current tax filing requirments:

* Married but filing separately this year. May file jointly next year if it makes sense

* W2 income

* private equity as ISOs (not exercised)

* rental real estate income in different states (TX and GA)

* sold and bought real estate using 1031 exchange in a different state (GA)

* planning on adding local small business income in the next year

* planning on adding income from online SaaS sales

Hi there! I am brand new to real estate investing and need some input from experienced "house hackers". I found a duplex REO property for $200K which can bring in a minimum of $2000/unit. The deal is also for buyers who are planning on living in the home which is not a problem for me. I'm will be getting out of a $1200/month apartment lease soon and can move in. I've crunched the numbers and the deal still has a great cap rate for my area.

So here's the problem. I only have approximately $1500 in savings and currenly also have approximately $40K in student loans. What are the chances of being approved for a mortgage? Also, I cannot find a way to put a 10% down payment on a mortgage for this property. I am looking at Trustco Bank for the mortgage. Any advice would be appreciated.