While I’ve been managing my own taxes since college, operating three different properties warrants the expertise of a CPA to ensure efficiency and compliance.

. - Projects give us visibility on my projects- My CPA can easily access the reports for tax preparation.

First, I would never try and provide tax advice to a seller, it will get you sued, especially to a 100 year old person.Regarding seller finance, since the amount is spread out over long term, they should check with their CPA on how they are or are not taxed on the gains as well as interest on the loan.

If risks feel too high, consider waiting until your live-in flip is complete and your position is stronger.This post does not create a CPA-Client relationship.

That said, check with a CPA if you can use expenses from the remodel to offset some of the gains.

Work currently in the accounting field and I’m a licensed CPA in the state of Ohio and West Virginia. 

Also, if you goal is to continue scaling, a real estate CPA could be a great resource for accounting and tools like DSCR loans can help your grow quickly, especially for cash-flowing properties. 

Welcome @Juan Carlos Correa, I could use a CPA!

Not to get overly complicated on that and I'm not a CPA, but just an example. 

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.