Hey @Tony Thomas, I won't speak to the tax side (not a tax pro) but from a bookkeeping perspective, this will complicate your operations (and, bookkeeping as a result) quite a bit.So, ensure you have super powerful incentives from an REI-savvy attorney and an REI-savvy tax advisor prior to making this move.Some of our Clients have implemented this in the past (prior to working with us) and their businesses weren't large enough to justify the complications that come with this type of structure.Hope that helps!

Never invest in any city on this list: The Most Dangerous Cities in America, Ranked.No rent control of any kind: Some states and metro areas have implemented various kinds of rent control.

If they are satisfactory, implementing the changes I’ve suggested could take them from “good” to “excellent.”Conclusion: If you’re advertising on Google, make sure your landing page is always up, running, and fast.

the rent control advocates blame the “greedy” landlords instead of their ignorance of basic economics which is the real reason rents increase when rent control is implemented.  

I mean look at all the things @Scott Trench has implemented to help passive investors with syndication and bad actors in that realm. 

Then implement Pricelabs or whatever you choose, but don't go radical.

Need to know: Market locationwhat finances look likecurrent goalsjobetc.....Duplexes are one of the best entry points for the new investor, but all depends on the specific deal and strategies implemented. 

I will try to implement all that you have recommended. 

Financial powerhouses like Bloomberg and Blackrock both have and are implementing AI in their Terminal and Aladdin suites.The story of IBM and Apple/Microsoft and the evolution of technology teaches us that some things are inevitable.

•Implementing in TurboTax:•Adjust the Asset Entry:•Reduce the basis of the property by the estimated value of the old roof.