Reach out to a few and see who you like.You can also ask members of your local real estate investors association for real estate accountant recommendations.Good luck.

Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.

However I only know the western Oregon market and this type of RE wholesale would only work in the midwest or south where real estate isn't as crazy high demand/low inventory/above market value as Oregon is, so I can't apply my same parameters/experience/cost of renovations/what local buyers prefer/high demand neighborhoods vs slums etcMost RE programs have lots of reviews but this program seems to have no easy to find honest reviews from folks that are not connected to promoting it

I'm Darren Haddock, a passionate upcoming real estate investor with a keen eye for promising deals and a drive to collaborate with like-minded investors.

My First Multifamily Full Cycle Success Story: From Busy Attorney to Real Estate InvestorI’m thrilled to share the complete journey of my first real estate investment—a 44-unit multifamily property in Lawrence, KS—from acquisition to exit.Balancing a full-time legal career and fatherhood, real estate seemed like an impossible dream.

The 10 Dumbest Comments Said to me by Real Estate ProfessionalsI actually find most real estate professionals (brokers, appraisers, etc.) to be competent or even VERY competent (at least the ones I try to deal with).

Hello everyone, My name is Alex Sadchikov and I’m excited to discover more about real estate and the Bigger Pockets community.

I have also established a Google Business Page.  

How many rentals are in the immediate area where you want to build up the business? 

To start, I’d like to ask you a question: What is more important, purchasing real estate where you can obtain 100% return of your capital through the BRRRR investment method but otherwise break even or even worse lose money or alternatively  leave some of your capital in the deal but earn a profit when the property is sold?