When that portion was complete, I could then receive draw money which allowed me to pay my utilities, taxes, and mortgages.

Meaning, the bank wants to see that a property cash flows for typically one to two years of tax returns before they count it as income. 

PropStream was good with property, title, and tax data.

But higher tax rate in PG county. 

Is it better to get an LLC when I become a land lord to get some tax benefits?

Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in  5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.Here are the negative consequences, in regard to real estate, of filing bankruptcy1.

Obviously, I'm not a lawyer and should consult with one before.

Question for any and all.. we have had trouble finding a real estate investor friendly CPA, one that proactively wants to help us learn and obtain all the tax rewards with real estate. 

This means no DTI, personal income verification, or tax returns are required.They’re also becoming a powerful tool for BRRRR investors during the refinance stage.

It is how it is recognized, taxed and falls heavy on the VOE.