If the Airbnb  is active and subject to generating self-employment tax, then the IRS must also be your partner in the losses as well and it would seem that any net loss would also be reported on Schedule C and shelter other active income.This isn't correct- I'm not sure why you'd assume the CPA didn't know. 

I don't think that the tax filings are simpler, we got a good RE knowledgeable, investor CPA to handle ours.

Work with your CPA on that. 

Discuss any pros and cons with your attorney and CPA to weigh the advantages and disadvantages, particularly regarding liability protection and tax benefits.

I can provide you with the contact information of my CPA, who has a PhD in Mexican taxes and can assist you further in this matter.Regarding agent commissions, it seems that RETA's commission is unusually high, charging around 10-12% to the seller.

I was wondering if anyone had any contact info to some good realestate agents, CPA's, leaders, LLC cites, contractors, property mangers, or any other resources that would be helpful in setting up a team for my realestate business.

Your CPA should be able to help out on all of those things you asking about.

His current CPA is 75 years old, and we will be looking to change over to a CPA with a real estate focus.

Federally speaking you would need a CPA to file the correct forms.

His current CPA is 75 years old, and we will be looking to change over to a CPA with a real estate focus.