My accountant asks me to talk to them BEFORE I make major money decisions so that they can help me protect myself from taxes.

HAll !I am looking at a deal to purchase REO duplex.  There are currently folks living there.  I have no idea if they paid rent or owned it ....    How do I evict them ?   Oregon law states that squatters have the sam...

About 100k cash saved in the bank.

The best way to save taxes would be selecting the right entity, finding the right kind of retirement account, using depreciation form rentals to offset your income, and such. 

Long time podcast listener and I think I made this account ages ago but this is my first post!

If it's a second home scenario, be sure to account for needing to live there legally and accounting wise for a short period of time each year. 

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

If you were out of the US working and own an LLC where money was deposited into a business checking account you can use a "Bank Statement" loan.

Now if you used to work in a bank and know a bunch of commercial lenders and asset managers, there might well be an opportunity to sell distressed foreclosures the next 1-2-3 years as loans come due.So really I think it just comes down to where your dreams are, where your passion is, what your knowledge and background is, and what kind of contacts and network you have.If you want to sell commercial there are probably five more basic classes you want to take at minimum. 

Plus this doesn't account for cap ex, maintenance or vacancy.