I did enjoy bourbon from time to time and my dad does too. 

Here are some practical strategies to help you navigate the process.Start by understanding the local real estate market.

But I went downtown and had an extremely difficult time reconciling what I was experiencing with my pre-conceived views.

My goals in real estate are to help my friends and family (or you too!)

Given the complexity and potential tax-saving opportunities in real estate, it's wise to consider hiring a CPA with expertise in this field.Many clients who work with non-specialists find that their non-real estate preparers lack the specific knowledge to help them minimize taxes through strategies like depreciation, the de minimis safe harbor, partial asset dispositions, 1031 exchanges, navigating real estate professional status, the short-term rental loophole, and more.If you are looking to qualify as a real estate professional, use the short-term rental strategy, or complete a 1031 exchange, I would without a doubt recommend working with a real estate CPA.

It's a very common mistake where an investor sold and bought properties and then when it's tax time they find out they didn't do the right process to actually qualify as a 1031 exchange.  

Hello BiggerPockets Community,My name is Seth, and I'm excited to join this amazing group of real estate enthusiasts and professionals.

If you need a real estate guide I would be thrilled to help. 

The obvious thing to do is to sell and take the tax free gains, then any excess gains are passive and can be offset by creating passive losses via investing in more real estate and doing cost segregations.

When funding your real estate deals, do you prefer PMLs or traditional bank financing?