I have one for my other rentals through a prior relationship but that's a couple of hours away. 

Is buying a rental into a living trust a good idea?

Purchase price: $145,000 Cash invested: $15,000 I obtained the home 9 years and am holding it for cashflow as a single family long term rental.

Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.  

It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.

From what you wrote it sounds like the rental you own is your sole, pre-marital property.

So I do currently have income from my rental properties, however it isnt enough to cover our current costs over here for the next 6 months.

Verifying last 2 years of rental history very important!

Can not go wrong with a rental in Ashburn since the rents have increased so much. 

Here are some things to consider:Most investors don't need software until they have 5-10 rentals.