Quote from @Jonathan Bombaci: This year, our management company, which oversees 700+ units in Massachusetts and New Hampshire, spent over $209,000 on attorney fees, primarily related to evictions.

Use the ge benefits that you have earned to their fullest. 

Hi AllJust joined the site. Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Shor...

Oftentimes non-real estate specific CPAs aren't super familiar with all of the benefits of a study.

Depending on the loan product, you may be able to exclude business debt once the business has paid the debt directly for 12 months.The income and losses related to the operation of the entity will affect the income side of your DTI (like Jay explained) if you own 25% or more of the entity.

I'm currently in the market for a Tax Pro that can assist with my relatively basic returns and continue to assist with a tax strategy moving forward.

As both an investor and a mortgage broker who has personally used both options, I can say there are benefits to each.It ultimately comes down to comparing the two side by side based on your specific situation.

If so you may benefit from a step up-in-basis.

When investing with them you get almost no tax benefits and usually get crappy management. 

Depending on how you use the property, you may benefit from a cost segregation study and bonus depreciation once the property is in service.