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Updated almost 9 years ago on . Most recent reply presented by

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Ashleigh Galucia
  • Wentzville, MO
3
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Legal & Tax help needed, St. Louis MO. Recommendations?

Ashleigh Galucia
  • Wentzville, MO
Posted

Good morning! New investor starting out here in St. Louis MO. I am in search of two things 

1) A Real Estate Attorney 

2) A CPA or tax advisor skilled in the tax laws surrounding real estate transactions. 

Any recommendations would be greatly appreciated! Or, is there an area here on BP where I can find local professionals? New to this site and still learning my way around. 

Thank you in advance! 

Ashleigh 

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Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
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Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
Replied

@Ashleigh Galucia

There are many books you can read to help you with understanding the tax advantages of real estate.  

I would start with loopholes of real estate by Garrett Sutton.

I have used 2 different CPAs for my K1 tax return, one local (which I would not recommend) and one that was recommended to me located In Indianapolis IN.  The Lawrie CPA Group. They worked out great.

http://www.lawriecpagroup.com/

I have yet to require the services of a real estate attorney so I do not have any recommendations for one.

I would assume you are looking to build a team for your real estate investing journey.  IMO the most important part is reading.  Most of the information you will need to get started can be found in books.

Check out 

The Millionaire Real Estate Investor by Gary Keller.

Start Your Own Corporation by Garrett Sutton

Rich Dad Poor Dad by Robert Kiyosaki

Cashflow Quadrant by Robert Kiyosaki

Buy and Rent Foreclosures by Joseph Neilson

Some of the best education also will come from real estate investing podcast which are great to listen to in your car while commuting to work or while taking a evening walk.

Almost any topic has been covered by bigger pockets podcast.  

There are also a couple other great podcast for real estate investing:

Best Real Estate Investing Advice Ever by Joe Fairless

Freedom Real Estate Investing by Brock Collins

Passive Real Estate Investing by Marco Santarelli

and of couse the bigger pockets podcast.

I use an app called podcast addict to listen to them with my android phone.  It is free and so are the podcast.

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