Smith, CPA

Depending on your financial situation, negative cash flow for a couple of years may make sense (talk with your CPA).The local REIA is a great spot to connect with other investors, there is one at Mazama Brewing every month in Orenco Station.

From my experience, you don’t need to engage a CPA just yet.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

You might be able to use cash based accounting and simply record September rent in October (talk to your cpa) or my work around would be to create and account called “owed form PM”.

I was told that they have an IN-HOUSE CPA who would be more than willing to assist my CPA OR do the taxes themselves.Question after question I'm being told that my CPA needs to use his "own best judgement" rather than rely on advice from the firm that setup the entities to begin with.I think all potential clients need to be very mindful that Royal Legal Solutions WILL NOT back you up with your CPA when you go to file your taxes.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

*This post does not create an attorney-client or CPA-Client relationship.

I'm on the hunt for a great CPA in the Oklahoma City area.

@Blake DialsI don't think it matters for taxes (I am not a CPA), but I would definitely set up a separate bank account specifically for your rental property's finances.