All Forum Posts by: Janet Behm

Chris, 

Usually your bank or Credit Union, will have someone who handles 1031-Exchanges. That is a good place to start. 

Also, check with your RE team to find who they are using, such as your title company. A recommendation from a trusted advisor will put your on the right track. 

Tam,

You are already running behind. 

Do a search in your area for a "Certified Tax Coach".

These folks specialize in tax strategies for REIs.

Joe,

You are asking the wrong question.

The Question is Who Can be the most Valuable in finding the tax savings?

I recommend you do a search your area of Arizona for a "Certified Tax Coach." They specialize in real estate strategies. 

James,

HOA fees are relative....usually. Typically the board adjusts the fees to reflect current maintenance and the future needs. Asphalt parking lots and "Dutch Lap" shingles are a huge and predictable expense.

Many states require an engineering study, to determine the useful life of elements of the project. They will have a pretty good idea about when the shingles will need to be replaced. With that study, naive board members can make informed decisions on behalf of the community.

I'd say the more important issue is who is on the board and do they have business experience. A poor board can ruin the value of your investment. Regardless of how high the fees seem to be.

Brad, Thanks for the supportive comments!

Not interested right now. I've noted your offer...we'll see how the future unfolds...

Chris,

Very comprehensive!

Your post represents the heart of BiggerPockets, the tide rises all boats.

Eric, 

Do an internet search for "Certified Tax Coach." The national registry is a dot org site. 

These folks specialize in tax strategies using real estate as their primary focus. Most States have several choices. Most big cities have multiple choices. 

They will insist that you have a small business...that is where the magic happens. The Feds love small business, so lots of tax strategies there too.

Good Luck!

Christi Canden,

Internet search for "Certified Tax Coach." 

These folks specialize in tax strategies using real estate.

Good Luck!

TJ,

You will benefit from associating with other investors who have some experience in these areas.
I applaud your enthusiasm!!!

Find a local chapter of the National Real Estate investors Association. (Nat REIA, pronounced REE uh). Do an internet search.

Talk to investors who have experience flipping out-of-state, etc. It will open your eyes, and guide you in due diligence. 

AJ,

Check the internet for a local "Certified Tax Coach" or "Certified Tax Planner."

They specialize in Real Estate as the vehicle for tax strategies.