@Shane Ward In addition to catching up on tax prep, you may want to review your entity structure with your new CPA.

Pros:  About 2 extra days more with family, perhaps tenants will be more on their toes, I can catch & address problems faster Let's hear thoughts & opinion.

good catch. 

With no catch.

Here's the catch, the property came with tenants.

We like it because we don’t have to save more to put a full 20% down payment as is usually required for investment properties, but the catch is that the expected resale value has to reach a certain value in order for us to keep our down payment as low as low as 10%.

We like it because we don’t have to save more to put a full 20% down payment as is usually required for investment properties, but the catch is that the expected resale value has to reach a certain value in order for us to keep our down payment as low as low as 10%.We are also looking to build our team (contractors, etc) so if anybody would like to share trustworthy contacts located in Lawrence, Kansas we would appreciate it. 

This allows for a area to catch up in value to what is required to make the property suitable to use again.

If the approver has misclassified something like meals in a 100% write off account, and the bookeeper catches it, the CPA can over ride it, and send an email.All the approver needs is a line item budget or a copy of the account names and numbers. 

When you use those to "call the bottom" you are likely "catching a falling knife."