.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....

When calculating that into your analysis you’ll see that can eat up your profit real quick.

Hey @Chad GardnerI just did an analysis if St Paul multifamily purchases with @Adam Tafel for our Twin Cities Real Estate Investing Show.

*However*, if you nickel and dime every nick and scratch, then you should be a lot more detailed in and out.

Our pricing projections are based on market trends, historical data, and neighborhood-specific analysis.

Even without the market details it's a no brainer.  

I ran this through my analysis, to give you insight to where I'd be at on it. 

However, if you’re requesting in-depth consultations like landscaping costs or detailed property assessments, it’s fair to offer compensation for their time.My advice: Start by finding an agent who understands STR investments in Joshua Tree.

You'll probably want to look into having your assets held in a living trust or some other kind of trust if wishing to avoid probate in California.As to your question about the mortgage, there's a federal law that the attorney might be referencing that generally protects transfers into a living trust from causing the need to refinance, but would need more details to discern.

Borrowers will be provided an upfront disclosure detailing this information.Contractor(s) Acceptance: Ø does not “approve” contractors or refer contractors.