. ****, I do that in the REI aspect but that's just cause it's a growing % of the portfolio.

To identify a proficient real estate CPA, investors should prioritize professionals with a proven track record in handling real estate portfolios, transactions, and tax planning.Look for CPAs who stay abreast of evolving tax codes related to real estate and possess a comprehensive understanding of deductions, credits, and depreciation strategies unique to the industry.When considering a CPA or tax professional, it's crucial to find someone who aligns with your financial goals and understands the complexities of real estate transactions.

I've also developed a spreadsheet for a TRUE rental income calculator—which goes beyond just calculating net income—by incorporating many of the parameters you mentioned.Do you think it’s a good idea to buy a new construction house from builders for the first deal, especially considering aspects like tax offsets and depreciation?

@Jonathan Klemm I originate private loans, so I also handle the financing aspect.

Can you share some good learning resources for that aspect of things. 

For your GA LLC, filing correctly is crucial since you're based in CA and may need to handle multi-state tax filings.A real estate tax accountant can guide you on deducting renovation costs (likely capitalized rather than expensed for a flip), managing depreciation for investment properties, and tracking expenses related to your flip.

@Nicole Shoaf - the fear part is some of the hardest aspects to get over.

After much thought, I decided to become a GC and mange all aspects of my investment rehabs myself. 

I’ve seen folks pivot their plans quickly if they discover one city has friendier permit processes than another.And yeah, the Phoenix area has some really down to earth investor meetups, from what I’ve heard, that can help you level up fast.What aspect of the business are you most excited to tackle first.. managing construction, or scouting out those under the radar leads?

With the increased competition, it’s crucial to prepare your property to stand out and work to address obvious buyer objections prior to going on market.