So since it was less than 50% of our total joint assets it was an easy choice for me to just keep that as 'part of my half'.One interesting side note; do your own homework in ADDITION to seeking professional help.

I am seeking  advise of accountant familiar with foreign income tax in US real estate and have following questions:Which expenses I can claim for income tax during flipping(for instance whether international travel cost and accommodation cost  during acquire, rehab, and selling property can be claimed )How to reduce income tax during closing ( instead of paying 15% of gross sale price I would like to pay actual tax liability which is by far less )Apply for tax certificate or affidavit to reduce tax liability to actual amount

Unless you specialize renting mobile homes and know the pain points there I would not go that route.  

I am seeking advise of accountant familiar with foreign income tax in US real estate and have following questions:Which expenses I can claim for income tax during flipping(for instance whether international travel cost and accommodation cost during acquire, rehab, and selling property can be claimed )How to reduce income tax during closing ( instead of paying 15% of gross sale price I would like to pay actual tax liability which is by far less )Apply for tax certificate or affidavit to reduce tax liability to actual amount

So now I'm seeking insight as to why HMLs refuse to allow these creatively structured deals to be deployed?

I am a buy and hold investor seeking stable rent income.

Although I've purchased 3 different residential properties in the past, I'm a newbie investor who is currently seeking passive cash flow investments.

When I was in NYC, I spent a few months in a homeless shelter surrounded by violence, pain, mental illness, theft and deplorable living conditions everywhere you turned.

I'm seeking the same...

I am seeking an agent who is knowledgeable about rental properties and ideally owns a few of them as well.