Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

I bought a business where the prior owner had it in an S-Corp, the S-Corp and he was sued personally for three million.

Quote from @Michael S.: @Minh Nguyen - what do those percentages represent?

I will be a 1st time home buyer , when getting a loan from a bank how do i show them proof of income from my 1099 form/s.

Are you/your partner(s) foreign nationals or non-permanent resident aliens?

My SFH investment s will help me absorb my losses, so it’s a good learning experience.  

LLC, S-Corp, etc), to file their BOI Reports by the end of the year to avoid being penalized up to $10,000 per entity. 

Hawaiian real estate law differs from other western states significantly, mostly due to its monarchal heritage and the Bishop Trust influence.The basics are the same as would be in California; determine the condition of title ownership (individual(s), estate (including conservatorship, if appropriate) OR fiduciary acting for trust.Use a qualified private money equity lender to make a loan sufficient to buy out the cash-only beneficiaryThe legal community in HI and Big Island in particular is small.

I think I'll just do the 1099's myself.

Both sides haven’t been touched since 1980’s and outside def needs some love.