He provides the CPA with Buildium Balance sheet and Income statement reports and any supplemental information like Hud statements if we have done purchases or sales during the year.

I want to invest in real estate to heavily supplement W2 to open up options and financial security. 

I think you need to start by figuring out what you’re near term goals are - are you wanting to generate enough cash flow to offset W2 income, are you simply wanting to supplement your retirement, are you looking for significant tax advantages etc.

There is no “easy button”, that’s why we all learn from every transaction.There are thousands of commercials that claim to make you “lose weight by taking this supplement “ or “you”ll make thousands of dollars a week after buying my course “…please don’t be so quick to believe everything someone says, fact check!!!

The first CPA I worked for told me that tax preparers who are unconfident would print every page generated by the tax software, to make a return look bigger even though it was bloated with unnecesaey supplemental sheets that provided little to no value.

If rent growth fails to outpace inflation, you have to get a job to supplement your diminishing rental income.Las Vegas Metro AreaBelow is a map showing the Las Vegas metro situation.Las Vegas is a small island of private land surrounded by a vast expanse of federal land.

I currently have 2 single family rentals but am looking to delve in to fix and flipping as a way to supplement or hopefully replace my W2 income. 

Your only option will be to get a job to supplement your rental income.What if you purchased properties in a city with 8% rent growth while inflation averages 5%?

Read books and listen to podcasts to supplement your knowledge and to use for better questions, more detailed, and then when you pair that with meetups and your motivation, you are on a great trajectory.

Thanks but not sure what you mean: I had contractors quote all the work and the insurance company agreed to pay the entire amount (with an allowance for "supplemental requests for hidden damage"), except the deductible.