Readers should seek professional advice. 

Perfect for business professionals and entrepreneurs who want to...Live where they work.

Here’s why and what alternatives might exist:Real Estate Syndication or Fund: Invest in funds that generate passive rental income, which can offset Schedule E losses.Real Estate Professional (REPS): Qualify for REPS to reclassify rental losses as non-passive, allowing them to offset active income.This post does not create a CPA-Client relationship.

While I don't do this professionally, I have a software team that works for me overseas for my real estate business needs.

Agree 100%, trust and transparency are what set professionals apart in this industry.

Readers should seek professional advice.Thanks for your reply!

It was carried out through zoom so it was very convenient- The employee that I had a meeting with was really professional and nice.

Readers should seek professional advice.

I only rented out 2 out of my 3 rooms because parking ain't the easiest in my hood.5) I rented to professionals (and one PHD student) so that's why I chose the neighborhoods I listed.

It also positions you to work more effectively with lenders and partners who want to see a professional financial setup.How are others here organizing their finances?