I have a partner and he is more so"in charge" in looking a properties and i am mainly focused on taxes, potentially starting and LLC etc.

Obviously this is a great benefit, but I can't see any other benefit from a tax perspective.  

If a property owner is not paying HOA dues and fees, the property taxes are probably delinquent.

did Bob Kiyosaki open your eyes, OU, to assets - things that cash flow, and liabilities - things that don'tInvesting in single family fix/flips, or long-term rentals is quite challenging even if in your neighborhood but especially long distance.

I assumed that we would end up basically owing nothing since depreciation, repairs and non-principle portion of our mortgage payment on the house greatly outstripped the amount paid toward principle.The tax preparer said we had to pay taxes on essentially the entire rental payment since our income was basically at 150k.

Hi,I have several children related tax question.

Norm,What you want to do is look online for your county tax assessor site.

this is due to historically outstanding rent growth, overall far better tenant than most other markets due to the housing shortage (San Diego ranks near bottom in nation in both delinquent rent and evictions), and property taxes being near fixed rate.  

Was looking for some better ideas for tax planning, and saw this one, but then wondering now how much money I need bring to table.I also have another house I could sell, and maybe 1031 exchange with like 300k equity in it, so not sure if that would help.

Forced appreciation, appreciation, tax savings, principal paydown and (the most valuable in my opinion) experience.