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 should also 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.

Quote from @Collin Hays: I had an inquiry today from someone interested in buying a condominium in the Pigeon Forge area to rent out.

Quote from @Brad Kremer: Hi everyone,I own a cash-flowing duplex in Austin, TX, that I bought 8 years ago when rates were considerably lower than they are today.

I'm a financial planner by profession so you'd think the default answer is, "heck yeah, always hire a planner!"  

I heard a story today of a condo owner whose entire complex was lost.

Multifamily rentals are a great way to achieve financial freedom, and it sounds like you’re on the right path.My advice?

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

Over the last year, I've developed a passion for real estate and want to be able to use it to generate income and secure financial freedom in the long run.

Quote from @Akintunde Aboaba: I’m looking to start investing in real estate this year and would appreciate insights from experienced investors on the best strategies in today’s market.

Technically as the manager of the LLC you can open an accout with any financial institution though they don’t all cooperate when it’s an IRA owned LLC.