Account Closed  Im done buying SFR. my plan is to buy multifamily local and long distance.

I was looking to connect with a local accountant/ cpa in order to file the LLC's taxes?

I am doing line item projected expenses and am unsure how to account for these costs.- Other than google searching comparable rentals, is there any way you all accurately project rents as well as vacancies for your areas?

I am in the process of selling my 1st piece of land and want to put profits into a account but I don't know which one will be more beneficial in the long run, Solo 401k vs Self Deferred IRA.

Account ClosedWhy use 20%, if you use the FMNA homestyle renovation loan you can save yourself 5% and only put down 15% , secondly your insurance is way too low and I would also factor in 5% vacancy ( not 10). 

This may be the most motivated you ever find a owner, as they usually know they are out of options.That said, Account Closed is absolutely right that it's still complicated.

I can probably put down up to $20k, but I like having a little more liquid assets in the bank since almost every time I've received orders to move, I've had less than a month's notice and there are quite a bit of expenses in moving...However, since I'm "guaranteed" to be in NY for two years, I think I can afford to keep less money in my checking/savings accounts and put down a large down payment. 

Originally posted by Account Closed:Are there ways that I could find out if a home that I do not own has equity?  

Hey there,I've been searching properties in the upstate of South Carolina for several weeks now (and I feel somewhat dumb for even posting this to begin with because I actually own a few rentals and I'm slightly terrified come tax time next year), and apparently I've been running my tax numbers all wrong and not accounting for the 6% non-owner occupant rate.Am I completely missing something or does this seem to kill virtually every deal out there??

It typically arrives in your account 72hours later.