The Untold Secret to Building Your Ultimate Investing Dream Team—And Why Going It Alone Could Cost You Everything
- Minimizes tax liability, sets up smart structures, and correctly files all tax forms (I’m looking at you, Schedule E and Schedule C) and K-1s if you are a passive investor.
- Understands depreciation, cost segregation, and 1031 exchanges, and isn’t afraid to leverage them
- Red flag: If your tax strategist doesn’t know how passive losses work, tell you it’s risky to take depreciation, or don’t suggest a cost segregation study, it’s time to upgrade.
3. Legal expert:
- Reviews deal documents and structuring, protects your assets, and guides titling decisions.
- Make sure what you think you own is legally protected from predators and creditors.
- Red flag: If they avoid reviewing your transaction documents (including your PPM) or avoid securities law, they may lack experience with real estate and/or syndications.
4. Retirement account specialist:
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