Hi Randy,The reason small apartment buildings haven’t seen the same price drops as larger properties comes down to a few key factors: 1031 exchange buyers inflating bids, strong demand for limited supply, and sellers holding firm on prices since they’re not under financial distress.

Hey Dave, I have not found it common among the accounting firm owners I know to take on clients who just need one-off review on part of the tax return.

Columbus has ranked on the top 10 markets that outline that for the past 6 months at least. the best place to buy new builds is in higher priceopint markets but where the costs haven't gotten out of control. besides that I'd recommend working with a vertically integrated land development, real estate development, and new construction firm or design build firm who also understands market conditions. 

To thrive in real estate investing, you must maintain a firm grip on your finances.

While many others here have suggested where they live/work, I firmly believe for a first time investor in most cases, investing in a market you don't know well just adds a level of risk you don't need to take. 

The firm has received numerous questions from clients over the last year regarding this Revenue Ruling, and unless you have an Intentionally Defective Grantor Trust as part of your estate plan, you should not be concerned with the Revenue Ruling discussed.

Most firms can recommend a qualified intermediary for the 1031.As for potential taxes, without knowing the full picture, I can't really speak to it. 

But I'm going to stay firm on my goal of investing in multifamilies.Please let me know if you would like to connect and explore, and possibly partner together in the future.PS: I'm also based in Toronto.

This was a conference for mostly private equity firms that raise money for and invest in large multi-family deals, and truthfully I felt a little out of my depth.

. :)A claim like that is crazy...I personally think the fees that you signed up for is on the high side.You can view a couple a couple of posts on this message board about people signing up with 1800 accountant and then wanting to move on to another accountant.The thing with firms like 1800 accountant is that you will likely be with one accountant one year and then another accountant the next year because they have a high turnover.The issue with this is that you may have to re-explain your situation on an annual basis.Best of luck.