If you have losses that high then it is worth your money to hire a CPA to prepare your tax return.

Be patient, stay focused on your goals, and be prepared to learn from both successes and challenges. 

With tax season upon us I wanted to hear your opinion on the best accounting software out there.Like many of you, I've been juggling various aspects of property management, from tracking expenses and managing leases to preparing for tax season.

You may want to consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return.

Local brokers can give you more color, but I would also be prepared to only get 60% to, maybe, 70% LTV limited by DSCR.  

The best time to prepare for a problem is before the problem rears its ugly head.

Land lord tenant laws in most of California and Wa state are pretty similar to BC.If you plan on land lording on the west coast in Canada or the US you have to be prepared to travel if you want cash flow, as Theresa pointed out, and even then it will not be easy.

If you want someone to do a transaction for you go to a tax preparer.

You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return.

Find out also about any requirements for a 5 day notice and get prepared for that.