I'm looking to learn a lot about selecting properties, estimating repair costs, minimizing tax impact (using retirement funds), estimating repaired resale value and another topics I come across that I need to know about before jumping in.

Hi guys, I am looking for an accountant who has experience with rental properties and can give me advice that is worth their fees and help with tax returns.  

They have different tax bills. 

Typical rates for expenses taxes, insurance,management, maintenance, utilities, and repairs should be from 40-50% of rents.

In FL, I believe RE sales associate can form business entities for tax purposes but it must specifically be the name of the person such as: John Smith, LLC.

Less labor for the deleader ( = less cost to you) and if it's occupied, you need to cover the cost of housing your tenants while the work goes on.There are tax credits for deleading and loan programs in MA that you can use that don't have to be paid back until you sell the unit.

So the primary mortgage will be $575, I'll be paying $250 to my family member, and trash, tax/ins will be about $200 for a total of $1025.

Hello everyone,Would someone give me an idea of how much money to save for taxes after I sell my rental home?

Even if you run it yourself for a few years, later on down the road it'll be much easier to make a transition to paying someone else to run it for you.I also strongly recommend people pay an outside source to do their month-end reconciliations and year-end taxes.

Are there tax advantages of buying notes?