The accumulated passive allowed losses is something that we will look into - unfortunately I don't have much faith in the CPA they've been working with but hopefully this will can be determined relatively easily. 

Also, I have a few properties of interest and would like to be connected with real estate agents in the area.Thanks.Kislay Shah CPA

I am by no means a lawyer or CPA so take my advice with a grain of salt....but we personally do flips in one LLC, and rentals in another LLC.

The CPA is still doing the tax return. 

I would also consult a CPA to get their thoughts on what makes sense in the long run.

Do you offer strategic revenue opportunities with CPA firms?

I am happy to speak to what I have seen as the most common set up from a tax perspective to give you a starting point for a deeper discussion, but ultimately you will want to speak with your CPA in conjunction with an asset protection attorney because this requires a deep dive into your specific situation.  

I won't go too far into it here but I have some ideas and hope the CPA will have better ones. 

Talk to your CPA.

Got a second opinion from a CPA, who said he never heard of a title company doing this before.Title company now suggests using their partner firm who meet their requirement, but can't provided an explanation for why they can't cut the check to the IRS.