All Forum Posts by: Connor Lichtenfelt

Hi guys, does anyone have a recommendation for a CPA specifically knowledgeable about REI? I'm in Greenville, SC and would love to get in touch someone who could advise on tax strategies, run books, etc for me. Specifically filing using the "real estate dealer" model of tax theory. Thanks in advance!

@Jesse Mouring you got it!

@Jesse Mouring welcome to the forum! There’s a good group of Upstate SC folks on here to connect with. I’m in Simpsonville if you ever want to chat.

@Jonathan Anderson sounds good, thanks. Hoping to make the next meet up, catch up with some other local guys.

@Jonathan Anderson sorry weird glitch, definitely posted this in the “Greenville Meetup” thread. Not sure how it ended up over here, haha.

@Jonathan Anderson must not show up on mobile, I don’t see any details either.

Just my two cents, unless you're able to add another bathroom, I don't see the 3rd BR being worth it. A tenant looking for a 3BR is also going to want at least 1.5 BA minimum, so I still see your rental pool as being the same. Maybe you could add a hall bath somewhere? If not, leave it be. 

@Ricky Cassidy @Wil Reichard That’s a great point, being 22 months were you just under the 2 year mark for no capital gains or did you wait a few months before moving in in the beginning?

@Dan Gerding best of luck to you, the Greenville market is a booming one right now. Some of the fringe markets will be the best to look. Check Taylors, Easley, Simpsonville for some properties outside the craziness of Greenville. 

This should have all you need to know!

https://www.greenvillesc.gov/1...