Disallowed losses under wash sale rules increase the cost basis of replacement securities, potentially reducing future taxable gains.This post does not create a CPA-Client relationship.

go to local meetups, they should have some here or try meetup app or eventbrite. continue to network and that can help you execute your plans.

But recently, I’ve been curious to pick people’s minds and explore how others approach these aspects, especially as we grow our portfolio.You’re spot on about how technology can be a tool but shouldn’t replace the real human insights that come from having boots on the ground and networking.

Off-market deals are key if you go this route, so networking is huge.Out-of-state investing is another option people love, especially in markets like PA (Philly, Scranton) or even down south where prices are lower, and the landlord-tenant laws are more forgiving.

It fills out your Schedule E to send off to your CPA every year!

LLC offers no tax savings.This post does not create a CPA-Client relationship.

I've only scratched the surface of all the great content on the website and I'm looking forward to networking and engaging with the community to learn as much as I can. 

However, unless you're doing this as part of a BRRRR strategy, you may end up paying closing costs twice and incurring unnecessary interest on the HELOC prior to refinancing.Additionally, conventional loans often have seasoning requirements of 6-12 months, while DSCR loans typically require only 3-6 months.This post does not create a CPA-Client relationship.

South Florida has plenty of solid investment opportunities, especially with the right network.

hey hunter, best of luck on your journey. make sure to go to all networking events in the area and possibly even starting your own to start building footprint in the area.