However bear in mind that the projected cap rate is gross which doesn't include property tax and insurance.

hello, all 👋In or around Springfield, Nixa, or Ozark, Missouri, I'd love a referral for a real estate-knowledgeable tax accountant who I can get I touch with as a new small multifamily property investor.

The tax bill that just passed the House extends 100% bonus depreciation for another few years, retroactive to 2023. 

Hey all,Looking for recommendations for an accountant / tax professional to prepare my 2023 (and beyond) taxes.

Your property taxes might be going up if a new plan passes.The legislative proposal -- which passed a key legislative hurdle yesterday -- would classify short-term rentals rented for more than 90 days per year as commercial property for property tax purposes. 

The cheapest lifecycle for any deal has been like 23k, the most expensive life cycle has been 48kThe lifecycle includes:DownpaymentClosing CostsInsuranceHolding costs of loanUtilities and taxes at property until you sell/refiDownpayment to contractor to start workLike I said, the cheapest life cycle I've seen so far was 23k and that was for a deal with numbers of:60k purchase60k rehab170k ARVSo, you can imagine when you step it up and are buying distressed houses at 150k/200k and putting 100k+ into them the liquidity needed to survive the projects life cycle will increase dramatically.And as a rule of thumb, if a project can require a 80% - 100% cash on cash return in 150 days or less close to close then it is a good deal.So if the project life cycle costs you 30k, you want to net 30k as a return. 

Or the fact that California chases you out of state for taxes on 1031 exchanges.

We file K-1s for each cell at tax time.  

Insurance estimated at $7,000 annually and taxes around $10,000 annually. 

I am looking into tax lien investing.