I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…

This account stayed at the same number for years but I didn’t really think about it.

My accountant was lazy, not well informed and provided bad advice.

I have a large lump sum saved in an investment account for down-payment and any additional costs.

Accounting & Finance: What tools make bookkeeping and financial tracking seamless?

That could be just federally, however...Against $35K income:1) I take $23,500 W2 which 100% goes into Solo 401K --> No income tax You have to account for taxes like FICA and Medicare so this will be closer to $25-$26k.

That’s correct, a foreigner can buy property through a Mexican corporation, which is a great option for those investing in multiple properties or running a rental business.Key Points I'd like to add to your post:Setup Costs: $1,500–$3,000 USD.Ongoing Costs: $1,000–$2,000 USD/year for accounting and tax filings.Benefits: Allows tax deductions for expenses like maintenance, repairs, and management.Best for: Multiple properties or income-generating investments.For a single property for personal use, a fideicomiso is often simpler and more cost-effective due to its lower maintenance requirements and feesUltimately, choosing between a corporation and a fideicomiso comes down to your investment strategy.

We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and budgeting.

All deposits were made directly to the builder/seller's escrow account, with the seller as the beneficiary (please refer to your escrow letter).I am committed to helping resolve this issue between the seller and buyer.

However, I got caught up during creating my listing because it looked like I needed to have another account (Stripe?