As you progress your bookkeeping business, you'll likely want to learn how to export statements from a variety of property management platforms, as investor books are housed in bank accounts, spreadsheets, and a variety of property management and accounting software!

And when you buy a 2-4 unit you can use 75% of the rent that the appraiser says will bring in on the units you will not be occupying.

Those things won't matter if your business crushes it.

It wasn’t an easy path—in 2014, I even filed for bankruptcy while trying to launch a business.

And of course, take advantage of the tax benefits along side my current business income.Viability of the idea?

All those things, and more, need to be ironed out.Question 2From a tax perspective, if you put a dollar in a business and when you sell you get a dollar back, that is a $0 profit, so from that perspective there is no tax. 

Hi everyone!AIM: I am looking to start a syndicate. NEED HELP: I am looking for assistance in lawyers and other experienced syndicate mangers to seek advice and some guidance. Purpose of the fund: To purchase old land...

You’ll need to treat it like a business—handling tenant management, accounting, legal compliance, property maintenance, and more.That said, when done correctly, it’s a powerful tool for building wealth!

Don't quote me on that, but it's easy to look up the IRS regulations.I recently had a conversation with somebody else who is planning to start an STR business. 

As you get into bigger buildings it's harder to bring any less than 20 or 25%