But since there are 10's of thousands of units here, bigger is typically better because there are fewer of them than smaller condos and towns.

If I could move to a more simple software than QBO, it would save me several thousand a year, and the simplicity would be valuable as well.

A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.

I see a lot of investors buy good investments, but then they lose tens of thousands because they have no idea how to manage.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

Benefits of long-term rental are literally ZERO unless one of the following is true for you:1.

There are thousands of lenders out there that deserve your business more than them.

If the tenants don't care for the pool properly, it could cost you thousands to fix.

If anything’s not up to code, you’ll need to fix it before they sign off.As for costs, you’ll have permit fees—those can range from a few hundred to a couple of thousand dollars.

Even if I were found guilty, the cost would be in the thousands, not in the millions.