I've been listening to Bigger Pockets off and on for years but have always wanted to get into real estate investing.

@Michael Baum you are right, I'm just used to that term since I use it a lot with my tax clients who do not qualify for the real estate professional status.

Rates tend to be 25 to 50 basis points above commercial (5+ unit) apartment building loans, and 50-100 basis points above residential (1-4 unit) loans.

Use the magnifying glass to find blogs, podcasts, and forum discussions on just about any real estate topic.💬 Ask in the right forum – If you’re looking for financial advice, head over to the Finance, Tax, and Legal forum.

I'm an accountant and bookkeeper specializing in real estate.

Matthew, DFW real estate is awesome.

Because they would never have the time to really grow real estate if they did one corporation for every property. 

This means that when you sell the property, your adjusted tax basis is lower, which increases the capital gain you must recognize.Additionally, any accelerated depreciation taken is subject to depreciation recapture at a higher tax rate (up to 25% for real estate assets) rather than being taxed as long-term capital gains.So, while cost segregation provides significant upfront tax savings, it also increases your capital gains tax liability upon sale unless you use a 1031 exchange or other tax-deferral strategies.You can find your current tax basis by reviewing your depreciation schedule (Form 4562) and prior years’ tax returns, specifically looking at your adjusted basis on Form 4797 (for sales of business property) or Schedule D (for capital gains and losses).Your CPA should be consulted prior to making any decisions. 

There's no real harm to keep tracking your hours, so it shouldn't matter too much anyway at this point.

I have lived in Arkansas my whole life, lived in all parts of the state, and have been in real estate for the last 8 years here.