Hello,Here is my situation that I've been having very difficult time finding a CPA who can help.My wife and I have 2 houses, the one we moved from was my personal child hood home valued at $320k and has 0 mortgage.

As well as parents and students visiting year round to see if they want to attend or to visit a child who is attending.

Hello everyone I’m from nyc and I’ve been undecided on whether I should start my wholesaling business here in NYC where the competition is highly competitive and and the prices on houses is very expensive or should i maybe try to focus on another local market such as NJ or Pennsylvania?

Will be a lot more organized too with the parent-child structure for portfolio building!

An extra child (daughter) that was never mentioned. 

He mentioned purchasing a rental property for his child to pay for their college.I was wondering if I should purchase a home, put 20% down in safe yet high price area, and rent the home in hopes of selling it in 15-20 years to pay for future large expenses.

For child support. 

I recommend a Post Compliance Lead Determination (PCAD) every 5 years or so.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).

If you delead, and maintain the standard, you will be in the clear.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).

So I always known since I was a child I wanted to be a real estate investor just from seeing my parents work so hard to give their hard earned money to landlords, investors ect.