Knows real estate tax write-offs and how I can best apply them!

If you're looking to scale it could be worth while to sell and re-distribute that equity with the help of some save leverage. 

For example, a buddy of mine called me the other day and told me that his accounted told him that he should buy some real estate to offset some of his taxes.

If you were able to increase the value of the property significantly after the rehab, then you could bring the deal to a community bank  to refinance and take the hard money lender out.You keep all the equity and don’t have to file a partnership return for your annual tax return, which can be costly.  

To qualify for a loan, focus on having a credit score of at least 620 (or 580 for FHA loans), keeping your total monthly debt under 43% of your income, and saving enough for a down payment and closing costs—about 5-10% of the home's price in total.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...

Also Seller hasn’t paid property taxes in 2 years which is a sign the property is in distress.

I’d fix it up and list it to sell after I’d been there two years to take the gain tax free.

Note - if you live in your property for 2 years out of the last 5, then you don’t pay taxes on the profit.