Attractive Tax Environment for InvestorsGermany offers favorable tax policies for property investors.

Joint tax return?  

I didn’t see your location in your profile or your post, but assume at least 17% state/federal taxes leaves you with $10k/yr. 

Rentals generate passive income, so an S-Corp offers no added tax benefit.

I’m trying to make sure my business appears legitimate and trustworthy to local sellers, but I also want to avoid violating Google’s guidelines and risk having the account suspended.Would love to hear from anyone who’s faced this issue or has creative ideas for solving it!

Use umbrella insurance as an additional safeguard, especially if you opt not to form an LLC.Avoid S-Corp taxation for rentals, as rental income is passive and not subject to self-employment tax. S

Do you have a current need for that cash flow generated from the tax savings?

Here’s the situation:Purchase Price: $540,000Down Payment: 20%Mortgage Rate: 7.125% (30-year fixed)Monthly Expenses (Mortgage, HOA, Taxes, Insurance): $3,706Realistic Max Rent: $3,000As you can see, I’m currently short $706/month even with max rent.

California does not recognize Real Estate Professional (REP) status, but you can still claim it on your federal taxes if you qualify.

Taxes: Be aware of potential transfer or capital gains taxes, depending on your state.4.