HighLevelAccounting & Finance: What tools make bookkeeping and financial tracking seamless?

I’m just getting started and looking to soak up as much knowledge as possible—whether it’s about finding good deals, managing renovations, or understanding the financial side of things. 

I was a SWO for 8 years, and the best thing I did to improve my financial life was real estate investing. 

You'll want to put together a personal financial statement (basically lists of all your assets and liabilities) and have your tax returns ready.

Class action lawsuits are already being discussed and there is potential at least portions of the blazes were caused by arson, often excluded from coverages.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

A STR is a completely different animal in my opinion, in that it requires more work and much more compromise, but financially is worth the effort. 

Prioritize your financial stability.

So as long as someone gets realistic with the TRUE cost to  own and maintain and the numbers work it can work but I am a big proponent if your going to have these types of assets they need to be paid for to really enjoy any financial benefit.lastly I can say the same thing about new builds.. over the long haul unless there is REAL appreciation more than just 2 or 3% if you sell within say 10 years your going to be lucky to break even as your going to have to spend 20 to 30k making the houses fresh again to get top dollar a 10 year old rental is not going to bring top dollar and the value at that point will only be what an investors will pay for a given cash flow..

Yes, this comes with some risks and limitations and this strategy is not for someone without any reserve as it will put them in a very bad financial position.Thank you