Hi Michael,Great question, your tax advisor is correct with their final determination of reporting the activity on Schedule E.

And having HOA fees and insurances and maintenance in the hands of a board makes me go fetal. 

Example:$2,000,000 gain after basis at 20% across the board to keep it simple

As accountants we want to help people scale up via tax advisory so we can turn a small loyal client into a big loyal client.

The UW is so inconsistent nearly across the board, it makes it difficult to truly offer a streamlined experience with clients, even when using the same lenders time and time again. 

Im considering selling a SFR with good tenants, but I know that I will be really inconveniencing them both with showings as well as with a possible  move out if the buyer is an end user.Anyone have experience with this and can guide me on how to get them on board?

I know I had a lot of questions before / during working with OCF (as with other companies I've dealt with) and Engelo does a good job of explaining the way they do things and how it relates to the city of Toledo.As others have stated, RE in general is somewhat risky (just like any other investment), however, I wouldn't worry about OCF / Engelo regarding where to use your investment dollars....in my experience, they do things the right way.Hey Chris,Welcome to the forum and thanks for posting about your Ohio Cashflow experience.We are super humbled to have you on board and are looking forward to serving your vision for many years to come.Speak soon

Thanks for sharing your knowledge on the process and for outlining some of the mandatory things that code departments will likely need across the board, regardless of where you are.

I know that in the states I invest in the sale of the property triggers the assessors office OR the school board to know that there has been a sale of the property, most likely at a higher dollar amount than the prior purchase.

Given the complex nature of investments and personal finance, I want to make sure I'm making informed decisions right from the start.From what I understand, a fiduciary financial advisor is someone legally obligated to put my interests ahead of their own, which sounds reassuring.