Also depends on if you yourself are a real estate professional.

.: @Gregory SchwartzThere's nothing passive about passive real estate income.Ain’t that a fact  

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

I sold 1/8 of my properties, similar motivations, but I think overall Trump will be good for real estate

Quote from @Keith Angell: Hello everyone,I’m looking for some advice as I plan the next steps in my real estate investments.

Now I need to find a real estate agent(I am "interviewing" a couple now), an accountant to speak to and of Course a lender.

Also be aware of Unrelated Business Income Tax (or UBIT) on leveraged real estate inside of an IRA.Or better yet, since you are self-employed - go with a truly self-directed Solo 401k plan, which would be a much better option and will help you avoid the UBIT on this investment.

Forming an LLC for your rental property can offer liability protection, but no real tax benefit.

Essentially gamifying the learning of real estate jargon, terms, laws, etc!

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