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All Forum Posts by: Bill Hampton

Bill Hampton has started 41 posts and replied 2248 times.

Post: Question about Hiring a CPA

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,412
  • Votes 928

Chris,

Are you open to working with your accountant remotely? I recommend finding an accountant who specializes in real estate taxation over one that is local. You may want to consider working with your accountant remotely to expand your options. 

I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return. You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.

Good luck and let me know if you have any questions.

Post: New Investor from Atlanta

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,412
  • Votes 928

Jeremy, 

Welcome to Bigger Pockets. Bigger Pockets is a great place for education and networking. 

I recommend that you check out the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Check out other online guides available here: https://www.biggerpockets.com/guides

3. Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4.Check out the BP Podcasts: https://www.biggerpockets.com/podcast

5.If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

6. You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings

7. BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators

8. If you can't find what you're looking for, try the Bigger Pockets Fileplace. It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/files 

9.Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts

Good luck investing.

Post: Closed on first of many properties today!

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,412
  • Votes 928

Congratulations. 

Check out cozy.co for rent collection and stessa dot com for free income and expense tracking software. 

Good luck and let me know if you have any questions. 

Post: Last Minute End of year Deductions

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,412
  • Votes 928

Jeff,

Are you open to working with an accountant/financial advisor remotely? I recommend finding an accountant/financial advisor. You may want to consider working with your advisor remotely to expand your options.

I would also recommend looking for an accountant/advisor who is willing to work with you throughout the year. You want an advisor that can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.

You should also look for a Fee-only advisor who is not going to sell you a product and/or try get a commission.

Good luck and let me know if you have any questions.

Post: Christmas gifts for tenants?

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,412
  • Votes 928

I give my tenant a gift card to a restaurant. Red Lobster, Olive Garden, etc.

Post: Looking for a savvy CPA in Buffalo NY

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,412
  • Votes 928

Joshua,

Are you open to working with your accountant remotely? I recommend finding an accountant who specializes in real estate taxation over one that is local. You may want to consider working with your accountant remotely to expand your options. 

I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return. You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.

Good luck and let me know if you have any questions.

Post: Tax Strategy for newbie investors

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,412
  • Votes 928

Jesus, 

Are you open to working with an accountant remotely? I recommend finding an accountant who specializes in real estate taxatiom. You may want to consider working with your accountant remotely to expand your options. 

I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return. You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.

Good luck and let me know if you have any questions.

Post: CPA REFERRAL CENTRAL NJ

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,412
  • Votes 928

Jake, 

Are you open to working with your accountant remotely? I recommend finding an accountant who specializes in real estate taxation over one that is local. You may want to consider working with your accountant remotely to expand your options. 

I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return. You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.

Good luck and let me know if you have any questions.

Post: Looking for CPA that Understands real estate New Braunfels Tx

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,412
  • Votes 928

Gerardo,

Are you open to working with your accountant remotely? I recommend finding an accountant who specializes in real estate taxation over one that is local. You may want to consider working with your accountant remotely to expand your options. 

I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return. You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.

Good luck and let me know if you have any questions. 

Post: Do you pay taxes on net profit from a flip or the total price

Bill Hampton
Posted
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
  • Posts 2,412
  • Votes 928

Jesse,

I recommend finding an accountant who specializes in real estate taxation. You may want to consider working with your accountant remotely to expand your options.

I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return. You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.

Good luck and let me know if you have any questions.