This could boost your cash flow without relying on stock market returns (Which can be volatile)2.Real Estate Professional Status (REPS): If you’re leaving your W2 job, qualifying for REPS can allow you to deduct real estate losses against your ordinary income, giving you a big tax break.3.Cost Segregation: This can accelerate depreciation on your properties, creating significant tax deductions.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Dumpster cost Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The risk profile for someone who's a local GC and has worked on structural rehab buying a portfolio in a building is quite a bit different.Also, situations like this where professionals can properly evaluate risk and bring in capital to solve the problem of said older folks is a way to earn income and make a positive impact (assuming you're not low balling the distressed, fixed income seller).

It sounds like they are unicorn-ish based on what I am seeing, but that's the case with most professionals.

Do you send application to traveling nurses or only working professionals? 

Hey All, My name is Austin L Smith and I am a CPA offering bookkeeping to landlords, STR managers, and other Real Estate professionals.

By using short-term rentals (STRs) at the end of the year and switching to mid-term rentals (MTRs) afterward, your clients could indeed bypass the Real Estate Professional (REP) status requirement.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

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