Investing in real estate can open the door to many different tax elections as well.A good tax professional can help you collect the information you need, guide you preparing well in advance for year end reporting. 

If they are professional, they can explain this quickly and easily.

Unfortunately, I’ve run into a major issue: I received a Stop Work Notice on my property in Covington, GA, because I didn’t have the proper permits for the renovations.I want to resolve this as quickly and smoothly as possible without jeopardizing the project.Can anyone offer advice or share their experience with:1.How to address the Stop Work Notice with the local authorities?

Send a message introducing yourself, sharing your goals, and asking if they’d be open to a quick conversation.

Hi @Jaycee , thanks so much for responding so quickly!

@Owen RosenI appreciate the quick reply Owen.

Finally, start small, analyze deals, and build a team to guide you as you gain experience.

Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.

Focus on getting your finances in order, setting achievable goals, and finding a mentor or local real estate groups to guide you.

I agree with Tim, this idea sounds like a nice hobby but as fast as the market is moving here in SA, the data will become obsolete pretty quick imo.Ask yourself is this the best use of your time and resources?