Of course, the smaller the property, the more necessary that you see every inch of it because there isn't a business running on top of the land like large-scale multifamily, self-storage, industrial, and more.

Tax shelter schemes, partnerships with foreign partners and accounts, partnerships with hundreds of members, returns with blatant mistakes, entities in questionable businesses, like gambling, drugs, online video sales, escort services.

It is important to remember you own real estate in the Poconos and you are choosing to operate a STR business.

You'll learn a lot here.I recommend focusing on 1 strategy/business model and going all in on that one until you've mastered it and it's stable.

We want to grow our real estate business to be able to quit our jobs.

Yes, this is "tough love", but you won't survive in this business if you let it affect you:)

Please contact me on here before you do any business with him.

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.

We have been in Business since 2000, survived the 2008 collapse.

Here are 3 practical strategies that might help you take your investment business to the next level.1.