However...The BiggerPockets powers banned me from the messaging platform here many years ago, so you'll have to connect with me directly via email, LinkedIn, or phone.

This includes individuals who primarily have W-2 income from employment, basic investment income, and perhaps own a home or have standard deductions.Rental Property: If you have one or two rental properties and feel comfortable managing the related expenses and deductions, tax software can handle this level of complexity, especially if your transactions are straightforward and well-documented.Complex Scenarios: Hiring a CPAWhen to Consider: As your financial life becomes more complex—such as owning multiple rental properties, running a business, dealing with investment incomes, or having special tax considerations (like inheritance or foreign income)—the benefits of hiring a CPA increase.Cost Consideration: Hiring a CPA typically costs at least $1,000 to file your taxes, which can increase based on the complexity of your return.

This includes internet research, books, interviewing long time investors, fund managers, brokers.  

. § 1.469-5T(e)(3), the combined rental real estate activity is treated as a limited partnership interest of the taxpayer for purposes of determining material participation. 

As far as expenses for things such as electricity and RE taxes (paid in 2023), those will generally be deductible on Sch E.

This could include new construction loans, down payment assistance programs, private loans, hard money loans, and rehab loans.Compliance & Legal Support: Does sponsors usally help you navigate the ever-changing regulatory landscape?

A follow up on this: do you all have mentors that you go to before making big R/E decisions? 

I have a preapproval already and have posed this question to my lender but of course I emailed them after hours so I've been working through this in my head and figured I'd reach out for general thoughts.

As part of the tax documents I received from Capital Square, they included cost segregation study for each property.  

Does the company provide E & O?