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

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.

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. 

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

Pretty much the same except you don't own it and would need consent to make changes.Also the owner gets all the tax benefits as they are the owner. 

This type of investment can also offer great tax deduction, depending on your situation.Best of luck on your first deal, feel free to connect with more questions.

In addition to other tax strategies like a cost segregation study on the fully rented out house.