Disallowed losses under wash sale rules increase the cost basis of replacement securities, potentially reducing future taxable gains.This post does not create a CPA-Client relationship.

LLC offers no tax savings.This post does not create a CPA-Client relationship.

Hey @Joshua Houchins, we use QuickBooks Online exclusively for all of our REI Clients.

One of my clients picked up a duplex in Albany Park last year, and the rental income not only covered the mortgage but also gave him extra cash for daycare expenses.

Last thing to look at (and right out of the pages of our client's own experiences) might be starting a transition of wealth in the form of using 1031 strategically to purchase property that your heirs live in until you pass and they inherit. 

That is the biggest challenge I have with my clients.

We invest in 38109 on a limited basis when a client requests properties in the area, but further north and east.

My partner is based out of Dallas and a lot of our clients are from the surrounding areas.

Plumbers lower price as clients affordability drops or else they loose market share to the plumbers who do. 

Understand entity structuring and what is best for you, especially if you are going to do flips.This post does not create a CPA-Client relationship.