This provided Archie Raglin with the financial backing to close quickly, ensuring no delays and maximizing the opportunity for a fast sale at a profit.

An accountant is a general job title that may potentially do one of many different tasks(bookkeeping, reviewing financials, assurance, taxation, etc)Bookkeepers are specific that they will likely only do the bookkeeping.

Value and rents should eventually increase to turn cashflow positive and build your wealth.You're next learning experience will be, now that you are out of day-to-day management, how will you be able to handle the inevitable expense challenges?

Prioritize your financial stability.

Prioritize your financial stability.

In fact, some of them have been in the news lately and popped up on the foreclosure list as they are in trouble financially as well. 

That had even a passing resemblance to tax returns or financial statements4.

However, the depreciation claimed while the property was a rental must be accounted for upon the future sale of the personal residence, which could increase your capital gains tax liability.The adjusted basis of the property (original cost minus depreciation) will be used to calculate gains or losses at the time of sale.

Prioritize your financial stability.

Prioritize your financial stability.