Along with the entity formation expenses if you create the separate management LLC, you will want to have general liability and perhaps even E&O or professional liability coverage.  

You are a business developer for a large, professional PM company.

Remember, I'm not a CPA, so consult with a tax professional to get the full picture based on your situation.You’ve got the right mindset, and with time and strategy, you can replace your current income and hit your goals.

You might consider (Check with your tax professional) to convert any pre-tax funds, to a Roth IRA.

It elevates the level of commitment and professionalism of the group as a whole.I explored all the other educational groups out there before finally settling on J & G because they felt the least "cultish" and the most like a "family".

It’s always a good idea to consult with a family law attorney or child support professional for guidance on accurately calculating rental income and child support payments.Check Your Local And State LawsChild support will be calculated differently depending on the state where you live.

This allows me to transfer money into the checking easily in preparation for a wire.Credit Cards--so you are now an industry professional. 

I’ve been most successful building wealth with positive cashflow by buying houses that were like 6/3’s and renting to other solo professionals who lived with me and shared my kitchen and laundry instead of 2 one bedroom or two bedroom apartments.

You may want to confirm this approach with a tax professional for added clarity.

Hi Timothy,I would suggest that if you’re not experienced with cost segregation studies, it’s best to hire a professional to do it for you.