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All Forum Posts by: Bill Hampton

Bill Hampton has started 41 posts and replied 2248 times.

Post: Rental Income & expense App

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

Stessa dot com. Its free, links to your bank account and lets you run a number of reports. 

Post: Recommend Connecticut Advisor for Startup (Accounting and Legal)

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

Michael, 

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: Real Estate CPA/Tax Advisor needed for Realtor/RE Investor/LLC

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

Jeremy, 

Since you are open to working with your accountant remotely and you want accountant who specializes in real estate taxation, I would 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: 150k cash, 21 yrs old, what do i do?

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

Kyle, 

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. 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

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

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

7. 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 

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

9. Join your local real estate investors association.

Good luck investing.

Post: Real estate mortgage and taxes

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

Wilson,

Check out stessa dot com. Its a free expense tracking software designed for real estate investors. 

Good luck. 

Post: San Antonio, TX Real Estate Attorney Needed

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

Antonio, 

An acountant can help you set up your LLC also. Are you open to working with an accountant remotely? You may want to consider working with an accountant remotely to expand your options.

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

Post: Looking for an Accountant/CPA in Chicago-area

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

Jeffrey, 

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: Managing it all: real estate, investments, regular job

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

Willy,

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

I would also recommend looking for an 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: Tax preparation with LLC business model

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

Brianne,

Are you open to working with your accountant remotely? 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.

Post: Need help growing, managing everything before it becomes chaos

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

Willy,

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.