Selling the rentals via installment sales could also spread out tax liability.This post does not create a CPA-Client relationship.

Many of which are savvy BP type clients who are doing updates/raising rents and then the buildings do cashflow positive even with lower down payments which produce amazing returns (at 3.5-5% down you get close to a 50%+ return a year just off mortgage paydown). 

Consider forming an LLC for liability protection or an S-Corp for tax efficiency if flipping frequently.This post does not create a CPA-Client relationship.

I've stepped in to help many clients refinance and I'm shocked at how many times the investor doesn't know even the basics of the deal they are in.

Some of your requests may fall outside this manager’s standard practices, and customizing services for each client isn’t practical for most PMs.

Westchester, although one of the hottest markets, has a ton of upside with opportunities for both cash-flow and equity. 2-4 family properties in Westchester are the 2nd most affordable in the NYC Metropolitan area (next to Suffolk County) making it easier to find cashflow opportunities when compared to the boroughs and other suburbs like Nassau.A client of ours in Westchester recently purchased a < $800K 2-family with a detached 3-car garage which brings in additional rental income - from a local business owner with commercial vehicles.

Just closed on one for a client over the hill in Reno, NV, that was sitting on the open market and they took an aggressive offer. 

Hi Nirek - I deal with a lot of clients in your similar situation.

Hey @Bailey Rentz, I'll say that we use QuickBooks Online exclusively for all of our Clients and they are constantly working to improve the bank feed feature and specifically the connections.

*This post does not create a CPA-client relationship.