So many people come in and are looking for a spreadsheet to estimate for them and they don't understand the basics of what numbers they are inputting.

I've also held of holding properties in individual LLCs that are owned by one S corporation, which allows for a 60 / 40 split between ordinary income (regular tax) and dividends (capital gains tax rate).With the goal of minimizing taxation and liability protection, what would be the recommendation from more experienced people here?

Getting that first property is exciting—and yeah, NYC is no joke when it comes to price of entry.Honestly, a lot of people I’ve talked to in your shoes end up finding better opportunities just outside the city.

Your right there buddy, freaking LONDON, literally a "bucket list" destination for people the world round.

They do this on purpose so new people get tripped up in the process and quit.

The problem is mainly a concern for people with a net worth or reasonable income. 

Most people answer zero.

Hey BP people!

@Jason Sinclair, having a designer for a wife, I would answer that it really depends heavily on each house, the flow and usability of the spaces as they are, and the overall use of space in the house as a whole.That being said, while there may be a small shift towards more separated spaces, "open concept" is by no means dead, and in many markets, most people seem to still want to have connectivity between their communal spaces.In fact, my wife's current flip is a split level (although technically it is a split-foyer), and she is taking out a structural wall to connect the kitchen, dining and living areas.  

I may focus on that market since I can hit some people up to be boots on the ground.