Therefore setup a good filing systemGet a good answering system…Vonage Phone is one good exampleStamps.com is great for keeping track of letters you send your tenants.QuickBooks is a Landlords best friend.

You also may have to file a CA nonresident income tax return and pay taxes on the income earned from CA sources (i.e. real estate located in the state of California). 

I am looking to convert that into full time rental property and also I want to void paying the Capital Gains Tax (500K for Married filing jointly), I have considerable equity in the home, I don't want to sell the property to others now and want to hold it for few more years.From the Article below by @Brandon Hall, I see that I can sell this SFH to an LLC I own.

I am paying a 1% origination fee and all the other standard stuff.

I want be sure I am taking advantage of everything available to so that when it comes time to file my 2018 taxes I have put myself in the best position possible.I am hoping this book will provide that guidance, but would love to hear some feedback from anyone that has already purchased it.Thanks,Jenn

I would call the tenant and let them know it is strictly prohibited and if it is not taken down immediately I would file notice to vacate.

So now he gets a notice saying someone has filed a motion to redeem the house.

I have had to somewhat adopt it as I work with several investors on here who use it.To me being a "hack" implies being sub-par or doing something incorrectly or not to standards.

I have used a CPA in the past named Don Mowery at Trout, Ebersole, and Groff in Lancaster, and he gave some good tax advice for our future investments, but if you just need a return filed it will be a waste of $1000 in my opinion.

Up to this point I have worked with an agent that has their standard offer contract that they use or wholesalers that send out the contract that they want used when sharing their off market deal so the DIY approach is new to me and I don't want to make a costly mistake.