I have clients (including myself) who invest here and out of the area.

There are a good amount of investors on here who could take down (including myself) a portfolio of rentals 

Then they tell me they didn’t get it and once resent said they couldn’t use because it didn’t include the appraisal value with reno.

Work with a qualified tax advisor on filing all of this including filing the 990T return for the IRA.

This includes a hotel, winery, mobile home park, parking garage, debt fund, etc.

For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.

As a Mexican realtor, I’ve worked with clients alongside an accountant to simplify the process, including setting up the necessary bank account for rental income.Let me know if you'd like more guidance! 

Part of considering acquiring a property should include additional possibilities.

:You cant spell LY’N TACO without ClaytonPoints for clever!

For example, what is the monthly revenue for the property and what are the "All In" expenses, including mortgage, taxes, insurance, utilities, repairs, etc...