Hello,My wife and I are new part time real estate investors in SW MI.

Net income is what gets taxed and that is different than cashflow.If you are managing your business correctly, usually cashflow is higher than net income because depreciation expense lowers your net income and depreciation is a non-cash expense.

Hi everyone,I'm a licensed real estate agent based in the San Diego area, and I'm diving deeper into the world of real estate investing, specifically house flipping and wholesaling.

I'm very familiar with how DSCR loans work, as well as hard money fix n flip since I primarily use fix n flip loans constantly for my business(I don't own any multifamily properties yet, I primarily do fix n flips at the moment).. 

@Elizabeth Nolan, I certainly don't know your area, but I only see two items on your list that could potentially add any real value.Patio space: this only applies if there is not already any type of outdoor living space.  

What impediments exist that keep women from enjoying real estate and financial freedom?

Hello BiggerPockets Community,My name is Seth, and I'm excited to join this amazing group of real estate enthusiasts and professionals.

This is a very useful site to help you grow as a real estate investor. 

Given the complexity and potential tax-saving opportunities in real estate, it's wise to consider hiring a CPA with expertise in this field.Many clients who work with non-specialists find that their non-real estate preparers lack the specific knowledge to help them minimize taxes through strategies like depreciation, the de minimis safe harbor, partial asset dispositions, 1031 exchanges, navigating real estate professional status, the short-term rental loophole, and more.If you are looking to qualify as a real estate professional, use the short-term rental strategy, or complete a 1031 exchange, I would without a doubt recommend working with a real estate CPA.

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