Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 month ago on . Most recent reply presented by

User Stats

63
Posts
125
Votes
William Miller
#5 All Forums Contributor
125
Votes |
63
Posts

Seeking Tax Pro Who Understands BRRRR

William Miller
#5 All Forums Contributor
Posted

I’m a full-time working investor currently managing 3 properties — 2 rentals and a primary — and I’m looking to scale using the BRRRR method. But here’s the deal:

I’ve been reinvesting heavily in repairs, carrying losses, and trying to stay afloat while working toward long-term equity and freedom — but every year, I still get hammered on taxes. I’m done flying blind and I want someone in my corner who understands:

  • Real estate investing tax strategy
  • Passive loss limitations
  • How to structure LLCs, management entities, and 1031s
  • Depreciation, cost seg, REPS, and how to legally reduce tax burden

This isn’t about basic bookkeeping — I want to treat this like a business, build long-term wealth, and stop losing cash to the IRS while I build.

Ideally, I’d love to connect with:

  • A tax strategist, CPA, or advisor who works with active investors
  • Someone who understands the BRRRR model
  • Someone who’s investor-first and proactive, not just a form-filler

If you or someone you know is great at what they do and wants to help someone who’s serious about building this the right way — let’s connect.

Drop a message, DM, or tag someone you trust.

Thanks,

Will

  • William Miller
  • Most Popular Reply

    User Stats

    5,236
    Posts
    6,163
    Votes
    Michael Plaks
    #1 Tax, SDIRAs & Cost Segregation Contributor
    • Tax Accountant / Enrolled Agent
    • Houston, TX
    6,163
    Votes |
    5,236
    Posts
    Michael Plaks
    #1 Tax, SDIRAs & Cost Segregation Contributor
    • Tax Accountant / Enrolled Agent
    • Houston, TX
    Replied

    @William Miller

    If you have a full-time W2 job and are single, none of what you listed is going to reduce your current taxes. The strategies you mentioned apply to situations different from yours - click on the links for more info:

    - REPS: for people without full-time W2 jobs or for their non-W2 spouses
    - Depreciation
    : always part of the deal but not going to reduce your taxes further
    - Cost segregation
    : depreciation on steroids, so see the line above
    - LLCs and other entitie
    s: no tax savings for rental properties
    - STR loophole
    : well, for short-term rentals
    - 1031: for the time when you sell one of your rental properties
    and so on

    A good tax professional can explain all of the above but not miraculously cut your taxes unless you restructure your life or change your real estate holdings to STRs. And even then only to a point. But some of my colleagues love to create a thick smoke screen throwing around fancy terms and making vague but enticing promises that will not be relevant in your case.

    Here is a post on how to find a good tax pro, and notice that we are NOT allowed to offer you our services, not publicly and not even via PM - not until/if the moderators move your post from the tax forum to Classifieds. Alas, some people will ignore this restriction and offer their services to you anyway. Others, like me, respect the BiggerPockets rules.
    https://www.biggerpockets.com/forums/51/topics/1222774-expla...

  • Michael Plaks
  • Loading replies...