In the same Money magazine article sidebar of Landlording 101, there is interesting advice about of hiring an experienced accountant that understands tax breaks for real estate investors. Truth of the matter is they can be numerous and generous but also devilishly complicated.

My advice is that understand that not all certified public accountants are created equal. As a full-time or as an active real estate investor you need somebody who understands the numerous deductions that us real estate investors can legally take.