Then as you build your portfolio look to hire a new Tax Accountant or CPA to match your growing needs.

Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!

This ensures your books match the timing of your taxable income.It sounds like you're off to a great start—make sure everything is categorized correctly and consult a CPA to confirm your setup.

That’s not to mention any 401k match.  

Oh yes and selling to yourself does not count as selling, even if you match highest bidder.

Here’s how you can approach both issues:For rent comparables, since RentCast and Rentometer are giving you different results, the best way to narrow them down is by averaging the estimates and focusing on properties that closely match the one you’re analyzing in terms of size, number of units, and amenities.

If so, review it to ensure it matches the estoppel certificate4.

There is a mid-match between wages and housing costs.

The 1 behind closed doors and the tenant portal log doesn't always match.

The case I was interested in was distribution, leading to income reported in K1 (e.g. depreciation doesn't match the income made that year).