I don't understand this topic very well so looking for a connection to a good real estate focused CPA to help with my filing.LLC does not change your taxes, and it's even possible that cost segregation does not.

Depending on how long it takes you to save up the amount, you might want to also allow for inflation on that amount for your continued savings.[2]   Read Rich Dad poor dad.[3]   Think about getting a second job - possibly a temporary job - save a 100% of the money.Just my 2 cents.

I’m excited about the possibilities and am eager to continue growing and developing more homes in Massachusetts.

Cross-Collateralization – A lender may finance the full $160,000 purchase by using your existing properties as additional security, lowering their risk and possibly reducing your down payment. 5.

Over time, we have developed systems to handle these situations as effectively as possible.

Give them the projected return, but also be honest about possible downsides.2.

I would recommend starting in your backyard and hone your skills if its possible, I know some markets have an extreme HCOL which may make it unfavorable in your case.

I'd love to connect in a few months' time (or before if preferred) to possibly locate a property in your area and start my REI journey around October this year.

Are they doing everything possible to expose properties to the broadest possible market?

Make sure to keep backup documentation for each transaction if possible and transfer the balance when you return.