A Federal Tax Lien against one spouse, though, will attach to the property even if title is held as tenants by the entireties. 

@Brad JacobsonIf you obtain income for referral - you will be issued a 1099.The net income(gross after expenses) will be subject to federal tax, state taxes and self-employment taxes.Expenses that are deductible are ordinary and necessary expenses required to obtain new recruits.Renatus may issue some tax and legal strategies...but I am sure those are the same items that you can obtain here on BP for free.

While you can’t fully predict interest rate trends, you should pay attention to the Federal Reserve if you want to get an idea on those trends over the coming years.With the new tax laws, using a HELOC for that purpose is no longer eligible for a tax break.

You likely should not have had to pay any federal or state income tax based on the numbers you are providing.

The tax liability, assuming an investor is in the highest federal tax bracket, is calculated as .37 x $50,000 or $18,500, which is the equivalent of an 18.5% tax rate on the entire cash flow of $100,000.However, the depreciated portion of the property is subject to a recapture rate of 25% upon sale.

Alex, congratulations on your purchase.Typically people work with CPAs in their home state.Obviously you will have to report your rental income on your federal return and California return, and you may have to file an Ohio return as well, depending on your income from your rental.Now, Ohio's cities also has tend to have these "wonderful" municipal taxes. 

@Maria LunaThe documentation is the schedule E from your federal tax returns.

If that's true, and you own less than 3 Homes, you are In Accordance with Federal Fair Housing Law EXEMPT from discrimination Laws.

These reports would be combined with reports from my bank to satisfy the federal government's rules on SDRAs. 

The federal government simply can't afford to have interest rates go too high so they won't.Also keep in mind if interest rates jump up like they did in the last few months, it is because the economy is trucking along and your rents are likely increasing as well.Having said that, I'm a big fan of evaluating risks from possible scenarios and planning for those contingencies so here's a few contingency plans I use.1) As you're already considering, stagger your maturities.