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18 January 2025 | 3 replies
I recommend you hire an attorney for this until you know the process well enough to do it alone.
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13 January 2025 | 7 replies
Bigger Pockets is a great place to find a real estate tax accountant.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 who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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21 January 2025 | 40 replies
Quote from @Max Emory: Hey @Heidi Kenefick, for your master accounting software I recommend QuickBooks Online.
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17 January 2025 | 24 replies
Im trying to provide my investors with the best recommendations, so appreciate your feedback.
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15 January 2025 | 14 replies
Didn't have a lot of free time, which my wife didn't like.Read copy & paste below to better understand Property Classes:------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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12 January 2025 | 8 replies
Based on the information that you shared, if you haven’t already done so, I recommend connecting with a local expert.
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22 January 2025 | 13 replies
I've heard about rocket lawyer, do you recommend anyone?
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14 January 2025 | 6 replies
Do you have any recommendations or advice to share?
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12 January 2025 | 2 replies
My best recommendation would be to find someone who is doing something similar to what you hope to do in the space and have a coaching call or two.