I have a couple no cash flow rentals (in Seattle) and bought a couple others this year that would cashflow.I want to start talking to a CPA soon so that I am prepared ahead for taxes next year and on..

Summary: We have a small portfolio of SFH rentals. We are looking into acquiring a new PRIMARY residence. We would then turn our current home into a rental (again). We have only approached 1 lender (large, online only...

Little background - As a married couple, since 2016-2022 we used a local well-known CPA in Austin,TX who prepared our taxes (and helped with some tax strategy/planning) for a W2 HIE + business owner.

I recently purchased and rented out a new build townhome and after 2 months, the tenant is asking me if she can added a few cameras around the property and change out the brand new Ring doorbell. 

A couple weeks ago I had a post here asking about whether to sell a property or not and I appreciate all the feedback. 

My instincts say go for mixed use with a couple of stores on the bottom and apartments above.

Look up Medicare's IRMAA, Social Security tax rates (no idea if you will see this, but it will likely be around is some form), and the Widow's Tax Trap, which will cause the remaining member of a couple to pay so much more in taxes.My point here is that deferred income may seem nice now, but you will come to hate yourself when the taxes come due.Regards!

There are a couple other speaker-centric events that run quasi-monthly, I see them on FB.

Depending on how it appreciates over the next couple of years, you can always 1031 into a multi-family property relatively easily. 

A couple concerns i have are, with buying a new home and renovating that, i wont have much money to make it rent ready like paint patching, cleaning, mortgage payments until renters move in, etc.