Your best advice would come, for a Tax Advisor NOT a Tax Preparer (CPA).

However, it must not have been your or their intention to avoid tax. 

Baselane has the added advantage of synching with your Schedule E you'll use at tax time to file your taxes.

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. 

You did purchase the property in one tax year and are selling it in another tax year which satisfies one of the court rulings. 

So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.50% reduction in rent.Previous 50% made up from a mandatory nontaxable tip. 

You may also need to provide additional documentation, such as proof of income and employment, and may need to have a co-signer who is a U.S. citizen or permanent resident.In terms of buying with an LLC, it can be a good option for some foreign buyers, as it can provide additional liability protection and potentially offer tax benefits.

Plus, compared to other parts of Florida, the Panhandle is still relatively affordable, making it a great option for first-time investors or those looking to diversify their portfolio.Another huge perk is Florida’s no state income tax and landlord-friendly laws, which make it easier to manage and profit from rental properties.

Mello Roos are bonds that are floated to do off and on site development and then added to the tax bill. there is also 1915 act bonds etc.. if there was not the ability to float bonds CA would never have developed as it has as the up front captial for major improvements would have been a major stumbling block..

Most people do not know this is a legitimate way to fund your real estate deals and do it in a tax advantaged way.