Account Closed The reason people steal meters is because of free electricity.

I don't write off my home office at all based on the advice of my accountant, but it may be more advantageous fornyou.

I have done that already, and in short I came to following high level findings.Positive impact on appreciation: -area was historically undesirable due to association with “East Austin” demographic stereotype, but that his changed rapidly in last 10 years due to proximity to downtown, universities, corporations moving in, redevelopment of parks/recreations etc.

What do you use to calculate and account for all costs associated with the BRRRR and/or flip strategies?

General question - Do you take into account of the amount and size of businesses close by to your potential  property rental investment?

She is an agent who has sold a couple rentals to investors and also does accounting for a property management company.

You would get a EIN/Tax ID for the trust and use that to get a bank account opened for the trust to hold the funds and deploy capital as needed.

I know sometimes the seller and buyer kind of splits the closing costs, but Does that 3% account for just my half or all of the closing costs (even seller costs).Because I plan on including multiple offers in my offer letter and one includes that I will pay for all closing costs.. is that already assumed that I should or usually how does it work, splitting the closing costs?

As a general rule, don't ask Accountants legal questions and don't ask your lawyer tax questions.

Hi group- I've been using a good general accountant for my taxes (personal and RE LLC) for the last few years, but she doesn't seem well versed in Real Estate.I own 2 single family homes in Lexington, and am now buying a vacation rental in FL.