A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.

Though many investors bend the rules and possibly don't get caught, you have the financial situation to do it correctly.

The two are almost entirely different markets in terms of price points, returns, tenant quality, and overall investing strategy.

Congrats - you won the investment game!

Quote from @Praveen Kumar: Hi everyone,Me and my wife very new to real estate investment and yet to buy a property.

Are you trying to narrow down the perfect property type for your first coliving investment?

They could self manage for several years, using the rental income, until the next phase of their retirement.If they have a decent amount of financial discipline, they may want to get a HELOC now before they build to get the most favorable rate.

For real estate investors, adapting to these changes isn’t just about avoiding fines—it’s about protecting your investment and maintaining a solid reputation. 

Long-Term Investment Perspective:You’re right in noting that the market can seem saturated now, but it’s important to take a longer-term view.

Based out of Salt Lake City and looking to do multi-state investments in real estate by flipping or renting.