There are over 20 other real estate accountants on this site.

My big goal for my career if I pursued this would be to be developing commercial real estate projects and building a portfolio of my own real estate investments.  

The tax advantages of buying/holding gas stations are pretty great.
Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year pro...

I’ve been working hard on an AI-driven Quick Analysis tool that cuts down underwriting time by 92%.

Not very interested in tax liens at this point in time.

This is where your attorney would have great insight into your pros and cons of doing each setup

If your goal is to get into short term rentals - analyze the deal to a point where it can still work as a longterm or midterm rental if short term doesn't perform as expected. 

Here's why this happens:The ARR is simply the average of the annual returns, without considering the actual capital invested or how much money is lost or gained over time.

This could range based on how much risk and work you're taking on versus their financial input.The key is to be clear and transparent about expectations, like how profits will be split and who is responsible for what.

We are considering properties in the Oklahoma City market at this time.