Being a real estate professional allows you to treat the income as non-passive, allowing higher high income tax payers to pay less in taxes.

Plus it's ordinary income so it's a nice tax hit.

Attractive Tax Environment for InvestorsGermany offers favorable tax policies for property investors.

Since the trust is a disregarded entity, the benefit is bypassing  probate, not tax issues or liability concerns. 

@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals. 

I always like to look at several years worth of property taxes.

I joined the Alamo REIA and the REIA has different scheduled meetings throughout the month.

Proceeds to segregated account to be disbursed ONLY on rental property improvements and expenses to preserve the deductibility of interest on your Schedule E.

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

Quote from @Fred Scott: Sunrise Capital Investors - Mobile Home Park Investment FundI've seen a few posts about them here but none of them actually talks about what the actual annual returns have been.They are advertising heavily for passive tax deductions which is fine but what are the actual returns over a period of (say) five or ten years?