Love the stuff.By updating the baseboard units etc heating costs have been reduced significantly.

I was hoping to get in touch with a CPA to work on some tax planning for 2018 as well as get a better handle on 2017.  

Only, I want to make sure that the infrastructure is in place to be able to handle that kind of volume.I actually do work with some high net worth W-2 earners, surgeons, MD's and such so I see the potential of the future to make some moves but the question is "how" do I get there. 

I planned on doing the minor cosmetic fixes i know i can handle (sheet rock, paint, trim etc.) but my main focus is going to be managing the flip as a whole (contractors,scheduling) creating a system, and setting up the next deal.

The handles were ordered from Amazon. 

Hello BP, This is a tough subject and I am looking for some help from my peers on BP about how to best handle the situation. 

@Bryan HillInteresting thought, but whether it would reduce your property tax may be dependent upon your taxing authority.  

So to keep things "honest" I'll deduct 8% per year for a phantom management fee which reduces our cash flow to $171,000 over 7 years or $24,428 per year.

awesome, thanks everyone. and i also have some questions about some electrical stuff in the house. so there are no gounds for seems like almost everything in the home. and they have some fuses that are oversize. my dad said that other than just changing out the box to a newer style that the wiring through the house may need to be upgraded because the old wires cant handle the loads anymore and were tripping the fuses so the previous owner just upped the fuzes. what are your thoughts?

However, he was responsible for showing apartments, handling all repair issues, seeing that rents were paid on time, keeping the outside areas and hallways clean, etc..Because he was always "on call" 24/7 (and my mom was expected to help out with the cleaning) he was given the basement apartment to live in rent free in exchange for a small salary (which is why he managed three buildings; one would not generate enough income for the family).Perhaps your applicant doesn't want to live in one of the properties he manages.Gail