About myself
I have owned and operating an Accounting firm since 2017, holding my CPA license since 2013. Our firm focuses on construction related contractors and related service companies, also real estate developers and investors. Prior to starting our firm, I was an owner in a Specialty contracting business in the Oklahoma City metro, focusing on both Home and commercial services. We understand the finances, taxes, and lending around real estate from developing the land, to the building, maintaining and protecting of assets throughout their life or investment cycle. A client shared Bigger Pockets with us and suggested we create an account, as people commonly have basic questions we may be able to provide a little guidance on. I won't be able to get into specific tax planning advice, but hope to help demystify the basics on how real estate related activities are taxed. Real estate can be a tax preferred way to grow your wealth, but there is no magic wand to simply pay no taxes along the way. The keys to minimizing your taxes along your real estate journey lies in a blend of your own understanding, and working with a team of professionals to navigate the landscape that necessarily changes with time.