The amount of distributions treated as a qualified higher education expense with respect to the qualified education loans of any individual can't exceed $10,000, reduced by the amount of distributions so treated for all prior tax years.

The people that REALLY need those masks are the medical staff.

It is getting too wrapped up in reducing tax while not considering your business goals and maximizing cash flow.I would look for a different CPA - 24 years of experience is great, but only a handful of investors in her client load likely means she won't be as familiar with many considerations of even a small property investor.

Hey Patrick,Unfortunately, the ADA/ESA laws are being taken advantage of in ways medical professionals more than likely didn't see coming. 

Hi Andrew,Any equity they pull out of the property in a loan or HELOC will have to be repaid and will therefore reduce their cash flow amount. 

Any costs that I can reduce?

As I grow my portfolio, I want to reduce risk, taxation and free up my personal cash vested.

There are also local economies - university(MTSU), Nissan plant, big medical center, that can limit a downturn.

Any costs that I can reduce?

As you can see, I'm new to this and trying to figure out how to reduce the risk to my family as much as I can before jumping in.