Consequently, when you get a DPA loan sponsored by the state, you look for expertise, care, and quality from the lender because there is no significant difference in price.

After hearing what my relative did, there's another chapter to the story, trading cash flow for appreciation, acquire more properties, due to limitations of the recent tax laws.

Don't just go to them with "I have time, I'll trade it for your knowledge, teach me" - you just created a problem for them and now they have to figure if/how they can use you.Do you know your "Why"?

If you are in a trade or business, you may potentially be able to write off costs to attend a meetup, and meals while you attend.The purpose is justified as you are trying to build connections which is required within the real estate space.The costs of the meals have to be reasonable.

Not paying the IRS comes with serious consequences.

S8 is just trading one set of tenant problems, for another set.It is NOT a cure-all!

You are intentionally trading time for money to make the numbers work.

Because as chance has it N95 masks are also popularly used by RRP Contract work, so when hospitals called out for help, several of us in the trades side knowing this pitched in to help. 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.

I explain the consequences of an eviction to the tenant.