All Forum Posts by: Joe Richardson

If you search Morris Invest I think you’ll find what you’re after.  There are several threads discussing them.

@Adam Burke. I'd recommend Strategies Wealth Advisors.  They're located in GR.  PM me if you'd like some more information.

Thanks for the quick replies.

He did capitalize most of the improvements accordingly.  Sounds like he knows what he's talking about which is what I thought so thanks again for confirming.

Last year I purchased my first two rental properties. I'm in it for the cash flow but was also hoping to get some of the tax perks. I talked with a couple of CPA's and went with one who has real estate investors and small business owners as clients already. He did my taxes for me and as I anticipated I had a loss on both properties (I did work to both). But, he says I'm not going to get any tax breaks in the short term because my income is to high from my W-2 job. I will however be able to carry these forward into years when I show profit or sell the properties. Should I be looking for another CPA that knows REI better or is this just something I have to live with?

Thanks,

Hey Mike,

I'm also in the cold calling mode.  I haven't found any others yet but will let you know if I do.

Thanks Paul.  I'll use that terminology.

Thanks William!  I'll give her a call.

Hey Everyone,

I'm located in the Kalamazoo/Portage Michigan area.  Have any of you investors in the area had any success locating and working with banks that are portfolio lenders and loca?

Thanks,

Thanks for the suggestions everyone.

@Ramon Huerta not yet.  I was going to speak with my attorney tomorrow.  Thanks for the RPOA thought, I'll do that as well.