I recommend that you work with an accountant that has experience with real estate taxation and partnership tax returns. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Where I’m Based & Where I InvestI’m based in Belmont, MA, and just getting started in real estate investing.

Georgia Amendment 1, which authorizes the General Assembly to implement a statewide homestead property tax exemption, has far-reaching implications for both current homeowners and the broader real estate market.Short-Term Positive Impacts for HomeownersThe primary benefit of Amendment 1 is the cap it places on the annual increase in a home’s assessed value, limiting it to the statewide inflation rate.

I can see an explicit exception in CA Tax Code § 17561 that says you can not use the qualifications in Section 469(c)(7) (Real estate professional) to render that income as non-passive, but I see no callout for 1.469-1T and, as such - as a non-CPA - I do not (yet) see a reason why we cannot follow the same rules for CA that we do for our federal taxes; e.g., if the business is not a "rental" business per tax code, we count that income as non-passive and offset other income (W2, etc) similarly.Does anybody else have some guidance (or opinions) on this matter?

When buying real estate why does cash flow matter if you are getting $100+ per month and it seems such a small amount to generate any wealth?

Hey Raymond, welcome to the Forums.Wishing you success in your real estate journey!

@Prav Se Unfortunately, profits from real estate flips are typically taxed as ordinary income, not capital gains, because the IRS classifies flippers as dealers engaged in a business.

Safeguard reached out to me when I was in my mid 60s, and offered lending notes secured by real estate. 

You want a bookkeeper that specializes in real estate.