Tax structures and mortgage regulations might also shift as canada mortgages are very different.What do you think would happen? 

The chart of accounts is structured around the Schedule E, so you simply export it and send to your tax professional.

Smart investors first focus on finding quality properties—such as those in thriving areas of Brooklyn or potential neighborhoods around Manhattan—and then reverse engineer the process by improving management, optimizing rental structures, or enhancing facilities to make it worthwhile.

Structurally sound so now its just the legal due diligence we have to clear. 

There is fine line between the two depending on the structure and source of the capital.My preferred equity partners do quite a bit of due diligence on the sponsor as they are essentially teaming up with them to do this deal.  

Does anyone know, or have a good idea, about the difference in returns on entitling & developing the land for each scenario, with final objective to sell to a builder to build and sell the structures him/herself.  

@Paul Shannon Great job asking about the fee structure.

So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.50% reduction in rent.Previous 50% made up from a mandatory nontaxable tip. 

As others said, you can look to self-direct your retirement funds, potentially using a checkbook IRA LLC structure as well. 

Exceptional Risk Management - Knowing how to structure deals to protect investors first, even at your own expense.3.