Quote from @Michael S.: @Jonathan Greene- good topic. 

Quote from @Lydia S.: When you say that the seller is being pushy, does that mean you’re dealing directly with the builder’s sales representative?  

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As a general rule, each entity that files a separate tax return (partnership, s-corp, c-corp, etc) will need its own QBO subscription.

In fact, a good argument can be made to sell #s 3 and 2, pay off #1, keep some reserves, and hire a property manager. 

Just a fact of the #'s. 

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There is more to the formula on how much you can bring in, assuming you're self-employed.If you're an S-Corp, you can do the 23k as an employEE, then an additional 25% of your salary on top of that, with a maximum of $69k total. 

We use accounting software that codes the income and expenses to the property (called a class) so we can run P&L;s on each property with ease.Your accountant and bookkeeper will also thank you later for keeping it simple and avoid significant accounting costs. 

- then get with an accountant and discuss whether it makes sense to convert your LLC to an S-corp.