If you were an accountant, how would you setup your REI portfolio

[Matthew Metros]

I am planning on investing in out of state appreciating markets (San Antonio). I am looking at multifamily value add opportunities.

I have not setup any sort of business accounts or tax advantaged systems. I am looking for the layman’s version for setting this up, because I’m not yet at a place where I can afford an accountant. But at the same time, I believe there are steps that I can take now to set my foundation up for success now and in the future when I scale my operations.

I am not knowledgeable on taxes or setting up business accounts, so I apologize in advance if my question seems misguided or insufficient with information.

Thank you in advance.