This includes individuals who primarily have W-2 income from employment, basic investment income, and perhaps own a home or have standard deductions.Rental Property: If you have one or two rental properties and feel comfortable managing the related expenses and deductions, tax software can handle this level of complexity, especially if your transactions are straightforward and well-documented.Complex Scenarios: Hiring a CPAWhen to Consider: As your financial life becomes more complex—such as owning multiple rental properties, running a business, dealing with investment incomes, or having special tax considerations (like inheritance or foreign income)—the benefits of hiring a CPA increase.Cost Consideration: Hiring a CPA typically costs at least $1,000 to file your taxes, which can increase based on the complexity of your return.

At the moment, have plenty of financial glide path, so don't need the equity of the current Investment prop, but had planned to owner finance (extra monthly income flow @7%, fluff... more income not required to eat, clothe, house. ).1) Cursory look indicates 30% max AGI can be deducted if deferred to Charity.

Most people do 20% down because that is the minimum and you may not cash flow as much, but your  money goes further.

$550 monthly cash flow after PITI+HOA.Our primary residence has a guest house and we have that listed on AirBnB/VRBO.

We want to love the place, but it needs to be a cash flow generator first and foremost.Thank you in advance for your insights.

Hey all,I was planning to purchase a small MF property in San Antonio, but have had trouble finding anything that would have much cash flow, even if I pay over 50% in cash. 

We have some areas with strong cash flow and others that have relatively low cash flow, but very strong rent growth and appreciation.

Me 21 and my husband 24 are looking to start investing in multi family, our plan is to buy 3 or 4 unit properties, live in one unit and rent out the others one year at a time until we have a cash flow good enough to quit our jobs and have children.

Sounds like it would depend on how much the value increases by as you'd need to consider the equity and cash flow you'd make.

Not looking to game the system and using the property for ourselves is part of the plan as it's where we normally vacation anyway, so considering that the 10% down payment is much more appealing if we are able to balance out the rules and keep the cash flow positive.