Your best advice would come, for a Tax Advisor NOT a Tax Preparer (CPA).

Taxes are private, 1099 are private.  

Readers should seek professional advice.Hello Ashish,Would love to connect and discuss a little more about the potential tax aspects of all this.

I'm not motivated, but the homes needed work I didn't want to do or I did if for strategic tax or debt shell game reasons.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

The customer feature also links to the project feature if you want to make use of that eventually.This structure works great for our clients and their tax pros.

I look for cashflow to service the debt, repairs, cap ex, taxes, and insurance while the equity grows, my taxes are decreased, and rents are increased to make more cashflow. 

You get your tax benefits.

The Big plus is the tax deductions they will be able to take as well!!! 

What an investor gives up though is tax bene's and the chance ( well at least proforma wise) that you bought at X cap rate and can sell at Y cap rate and there is a big profit that is added on to your returns.