TurboTax has rental property features, and the IRS has a great guide on rental income, deductions, and recordkeeping - IRS Rental Property Tax Guide.https://www.irs.gov/businesses/small-businesses-self-employed/tips-on-rental-real-estate-income-deductions-and-recordkeeping2.

I just thought he was busy and didn't have the details, so he hadn't responded.

My business partner and I are always looking to partner.  

Now, there is no longer a need to seek free advice from busy tax professionals.

My biggest piece of advice is to run it like a business especially with the tenant next door.

By using their ability to raise capital, I overcame financial hurdles and got access to great investments.Like any business, syndication came with challenges.

Partnering with an amazing agent and focusing on flipping/a normal job/different business can be a lot easier than trying to learn the ins and outs of sales as a Realtor.

Plus, if they're THAT good, why aren't they raking in the big bucks from doing the business on their own?

Not saying it's impossible, but that is a full fledged business.

I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).