Tax accountants, investor friendly agents, 1031 exhange experts etc.

@Hansen TongI recommend finding an accountant that specializes in real estate taxation.

., depositing rental income into a joint account) could convert them into community property, exposing them to your spouse’s liabilities.

Last piece of advice is to surround yourself with quality service providers (real estate brokers, lenders, accountants, attorneys, PM's, Contractors, Insurance Brokers)., They will be instrumental to your business. 

I am working on increasing my knowledge and skills on the accounting side of investing.  

I ended up stretching myself thinner than I should’ve, not accounting for some unexpected repairs and the challenges of managing a rental property with little experience.

He has deposited $100,000 into the business account.

Account Closed thanks for sharing, as a retired Navy veteran I am stoked to see that you Mr deployment savings were supercharged by this project!

I do well, at least enough to go on vacations as a family, put money into high yield savings accounts, max out the ROTHs and add to investments when I can with money saved in savings and checking accounts.

I just had to take extra money out of my personal account and funnel into my rental account.