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All Forum Posts by: Wesley Acevedo

Wesley Acevedo has started 2 posts and replied 2 times.

Post: CPA w/ STR Experience

Wesley AcevedoPosted
  • Posts 2
  • Votes 2

I'm looking for a CPA with experience with short term rentals to help me with the upcoming tax season. I met a local CPA before I started early last year but he is not experienced with STR and based on our talks he's probably gonna charge me more than what I'll save on taxes.

Last year I rented two of my bedrooms and acquired one property (no income from the new acquisition yet). I also rented my two cars on Turo for a little while. 

Any CPAs willing to work with me?

Post: Effects on FICO Scores

Wesley AcevedoPosted
  • Posts 2
  • Votes 2

How are FICO scores affected when you start taking multiple loans to fund your investments?  I’ve been watching a lot of videos about real estate investment and have found answers to pretty much all questions I’ve had with the exception of this one. I know hard inquiries stay on your record for at least 2 years and with every loan, your age history decreases, but I don’t know the impacts of that on a large scale. Let’s say I buy 1 house every year, how would that affect my credit in the short and long term?