@Steven HsuBigger Pockets is a great place to find a real estate tax accountant.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 who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

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 who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

When we moved our companies to a new accounting software we looked at Quickbooks, but found its international awareness (tax rules, multi-currency, locale support, etc), project/job, and multi-company abilities to be clunky.To be fair, none of the candidates hit everything on our wishlist.We ended-up selecting MoneyWorks by Cognito and have been satisfied with it over the past three years.

I'd rather pay the tax bill and be more selective and patient in buying.

Airbnb came out with a new co-host option where you could get paid for your services to assist owners by selecting % of rents...maybe have him pay you 99.9%?

Dave NA ,Non LLC and non corporation husband-wife holders of rental properties do not have to file a partnership return; They can file Schedule E.The problems comes if it is held by an LLC(Two-member) in a non-community property state.For the management activities I would still recommend using an S-election or C-corp if applicable.

BIG bonus is you snag something with Timber that will grow and you can do a selective harvest 20 years from now the Timber could end up paying for the building of the home.

Our end goal is to be in a position where we can be very selective and choose the clients and properties we work with so that doesn't happen.

Well, it doesn't affect their name so they are more than happy to take the money and run.Speaking of "sales channels" and 3rd party listing platforms, etc...I've spoken to quite a few over the years and pleaded with them to keep it tight.As in, only endorse and sell in 2-3 markets max.As soon as you start getting greedy and expanding further you won't be able to tame the monster.We have done 500+ deals in Toledo and still get screwed by contractors to this day.It's hard enough keeping everyone in check locally and I wouldn't want to imagine trying to manage multiple markets.Even just selling in multiple markets without doing the full scope turnkey work is still a "no go" for us...It's just too risky from a reputation standpoint putting your name behind another product in another market.I have seen some decent sales channels, with decent ideas getting gobbled up by the monster because they didn't want to stick to just a few select markets.Just my 0.02 Aussie cents guys and I hope it helps you.Much success

For property selection, choosing a duplex or triplex in a good neighborhood can provide steady cash flow, while adding an ADU to a single-family home works well in areas with high rental demand like Portland.