All Forum Posts by: Pooja Thakur Rahman

Thank you all for the very helpful responses. It is very much appreciated. 

I am looking for a CPA firm to help us setup an LLC and to assist with taxes. Any DMs or thoughts on that (if forum rules permit it) will be helpful.

 Thanks Jai.

Thank you Chris. DM sent. Very much appreciate your help. 

Thank you!!!

Yonah, I will PM you later today. Looking forward.

We just entered into a contract for a SFH in Scottsdale which we plan to rent via Airbnb/short term rental.

If anyone can recommend 1. A property manager and 2. Handymen/contractors in the Scottsdale area, it would be very much appreciated. 

(Edited to add clarity: We are not local to the area so we will need a property manager)

I am also interested in a cost segregation study. Any pointers towards firms that could do this work would also be very helpful. 

Thank you, in advance. Hoping to become more of a contributor once we actually get some experience with this first experiment. 

Thank you for your responses. Very helpful. 

Thank you Anthony King 

This is rookie question, I realize. 

We are looking to buy our first investment property in an area we like and will likely retire to in a decade or so. In the interim and regardless of ultimate retirement plans, we plan on going the airbnb, depreciation/bonus depreciation, route with this property. 

As it relates to depreciation and accounting, does it matter whether the loan/financing is done as a second home v. an investment property? What is the upside or downside to either? 

I'd want to transfer the property to an LLC down the road so perhaps it's best to just go the investment property loan route. Just thinking out loud and yes, need to finalize a CPA firm in the next day or so.

Thank you.