I spent my first 6 years in the financial planning industry working for a firm that had previously sold a lot of privately held REITS that went south.

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 specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

By doing this, you’ll avoid any surprises down the road and ensure the deal still makes sense for you financially.

Prioritize your financial stability.

You are bleeding money now, but each year it might actually get worse depending on the financials. 

🎉 It’s amazing to see how one smart investment can completely shift your financial future.

Narrow your top cities, build a local team, and refine your financial analysis to position yourself for success.Good luck!

The honest answer is to be on the safe side, the property you're referring to: GC524550 2811 SW ARCHER RD, #V-177, GAINESVILLE, FL 32608 in the Brandywine neighborhood is one of the condos that are not in a good financial situation.

I encourage you to define your financial goals, as real estate presents numerous possibilities.Building a strong foundation of knowledge and connections can significantly impact your success in real estate investing.

These penalties include:Five years in prisonUp to $500,000 in finesEquity Skimming may also result in Conspiracy charges, specifically conspiracy to commit bank fraud and false statements to influence a financial institution.