Need advice on dealing with my current/former tax preparer, and what to do in the future.1. thought I had a great tax acct who got a great refund last year.

And, I would easily win any argument that the knowledge you receive from a seminar concentrated on a subject which, if used correctly, can net you thousands of dollars in income within weeks is worth thousands times more than any standard educational instruction in the basics of getting a J.O.B. 

I asked about a recent deal, and he was proud to tell me he’s just in the middle of his first.A local RE broker found an “old lady” who owned her home free and clear but with $83k in back taxes owed.

She does have good credit and has paid taxes for the last 3 years.

I want to keep my current financial position in these properties for tax purposes.

I was recently informed that there are portfolio lenders that don't do a credit check, don't require an appraisal (possibly BPO), or tax returns, etc and are truly asset based.

It is the funding that I am lacking.I feel that I am in a stalemate and the only way to purchase my first rental property is to generate more income than I am right now to get to the point of being able to pay the downpayment.Thank you all for reading this post and I appreciate any responses and advice.

Bringing income total to 4600-5200 to cash flow around 800 before doing a hopeful refi if rates drop 🤞🏾.

Here, the insurance has skyrocketed due to hurricanes, taxes are up, and the property values have increased faster than rents.

Depending on one's risk tolerance, you can get very good returns and still benefit from real estate's tax advantages as a LP.