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Updated 17 days ago on . Most recent reply presented by

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Seeking Tax Pro Who Understands BRRRR

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

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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
6,150
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5,224
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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
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