My clients tend to have net worth of 1 million to over 100 million that are individuals.As you move up the net worth list cash flow tends to drop down on the list of concerns to maybe 3rd after wealth preservation and tax benefits.Residential is more of a work for yield play.

Those buying to mitigate year end taxes for the 80% bonus depreciation.3.

I'm looking for the cleanest & most visible way to access payment history, see amortization schedule, tax documents, etc- much like bank softwares provide. 

.💬 Ask in the right forum – If you’re looking for financial advice, head over to the Finance, Tax, and Legal forum.

Adding the ex to the title could trigger gift tax implications, so keeping it simple is best.

When I look at the equity and the 15% Capital gains tax bracket I would likely be in, I would avoid ~$24,000 in taxes if sold before Aug. 2025.- I am aware of my 1031 options should I want to sell and defer taxes beyond that 3-year date (and would need to continue to do so until death if I wanted to avoid those taxes instead of just defer them). - I believe the current rental situation I have is better than the property warrants.

Meanwhile, your expenses, like debt service, taxes, insurance, and maintenance, continue.These are the requirements necessary to attain and maintain financial independence.

Like @Ericka Parrott mentioned, Alabama as a whole is pretty landlord-friendly, and Huntsville (Madison County) features some of the lowest property taxes in the country (roughly ~0.44% of the property value annually), so you’re in a good spot.One thing I haven’t seen mentioned around here yet is the fact that areas outside Huntsville proper could really be worth looking into.Suburbs like Decatur and Athens (about 30 miles southwest of downtown Huntsville) and Meridianville (10 miles north of downtown) could benefit from the same demographic and economic tailwinds as the city of Huntsville itself—and yet homes there are about 20% to 30% cheaper than those within the city limits.Anyway, just wanted to put this on your radar to start.

Too risky for us.Regarding additional guest packages, you can easily change your tax situation by offering what the IRS calls "significant services".

Prioritize quality locations.Keep healthy amount of reserves per property, hire a PM, and hire a tax friendly CPA(not planning just prep).