What I truly need is an advisor capable of fleshing out my skeletal plan, critically reviewing my assumptions, and providing expert insights on portfolio management, tax implications, and potential pitfalls.

Even if you your loan payment hasn't increased, property taxes and insurance increase.

These often don't have regulations on the books to govern STRs and can be risky3.

No property manager needed and you can offset your income with tax deductions.  

You can live in your Residence for 2 out of 5 years and when you Sell it is Tax-free up to $250,000.

This includes budgeting for renovations, understanding your cash flow, and preparing for both expected and unexpected expenses.Legal and Tax Considerations: Consult with a legal and tax professional to understand the implications of renting out part of your home.

The units were then sold as condominiums (where separate tax ID's were issued for each unit) & the buyers had no issues financing the units.

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

Also I am looking for a tax professional in NC as this is all new to me.  

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