Is this more about having to file quarterly? 

Then, once the book keeper gets everything into QB, send the accountants QB file to your CPA and it's mostly done. 

Start NOW with a pay or quit notice , file for eviction as soon as you can .  

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

I have $30,000 I've decided I want to put down on the principal of one of two rental properties I currently have mortgaged.

I understand that you're resetting the mortgage but you can always put more towards the principal if able to.

First, Andrew Holmes decided to remove me from the program because I followed my real estate lawyer's advice, and "disobeyed" Andrew's legal advice: I didn't file a foreclosure on my paying borrower.

Waiting patiently until I’m able to file…  Do lenders require just 1 years tax return to use MTR/STR income?

Filing the LLC in a random state like Nevada or Wyoming isn't some magical loophole that keeps him from paying tax.

Here are the variables you'll need:ARV (After Repair Value)Estimated Repairs (add a 10% contingency)Estimated RentPurchase PriceEstimated PITI (Principal, Interest, Taxes, and Insurance) on the refinance sideIf you know these values and ensure that your all-in cost (purchase price plus repairs) is 75% or less of the ARV, and that your rent will cover PITI + vacancy + maintenance + property management, then it's a deal worth pursuing.The BRRRR model is a fantastic way to build a portfolio and is still very feasible—even in 2024.If you're interested in more info, feel free to shoot me a DM—we can connect, and I'd be happy to assist you.