I’m also very interested in knowing who is selected to be the tax advisor/accounting firm. 

So far - I have been making a ton of posts on different Facebook groups and just now made my BP account (I have been a LONG TIME lurker here).Thanks in advance and I appreciate any and all help.

Accounting for approximately $10,000 of repairs, maintenance, and capital expenses per month, this still leaves a passive stream of about 20,000 to split between two partners.

Let’s say the main tenant accounts for most of the annual revenue with a lease ending soon (is healthy and probably looking to resign).

I’m good with having four separate bank accounts and separate filing but wanted to get feedback and thoughts on this entity structure. 

My name is Christopher, I have studying real estate investing for probably about 7 years.

Do a cost seg study and take bonus depreciation to offset other income.

But constantly having to have 30k in my bank account for a downpayment when I was under contract constantly for 18 months took its toll.

Accounting for total amt doesn't seem to be taken into consideration.  

Relationships are key in this industry.4.Analyze Markets: Whether it’s your local area or out-of-state, study the market’s potential for growth, rentability, and appreciation.5.Take Action: You don’t need to know everything to get started.