There are prolly some other items you want to do before needing to communicate with a CPA.1) You should develop a real estate strategy based on your strengths - Will you be a buy and hold investor, fix and flipper or focus on short-term renting.

Why should a tenant have to pay you if the roof develops a leak and you have to fix it?

First, I want to the Express my Gratitude to God in advance for the amazing thinks he has in the future for me: The Inspirations He will send my way during prayers and meditations; The blessings and guidance in my daily encounters; The amazing time to look forward to with family and friends; The Fruitful relationships I will continue to develop with my patients, clients, coworkers, fellow investors and entrepreneurs, and all other professionals; Abundant spiritual, mental, physical and social health; The constant awareness that “I don't wanna spend my whole life asking, What if I had given everything, Instead of going through the motions?”

Individual retirement plans were developed for people who do not know how to manage their money and save for their future.

Hello Everyone,My husband and I just closed on our first rental property, and so far have a great prospective tenant.

@Dave Meyer your post is a little vague so I'm not sure about what type of opportunity you are talking about with these houses (rental, flip, development, other, etc).

Perhaps more if their full-time job creates a strong prospect list.Thoughts?

If a prospective tenant comes through and says "man" I really wish I could get the 3rd floor, offer to move out!

Since my intended purpose is selling, that is basically complete and ready for the development of a ‘minor’ cosmetic punchlist.

I am currently looking to flip and develop single family homes with the possibility of moving in the multifamily developments in the future.