Evaluate your savings, income, and outgoings; moreover, educate yourself about mortgage alternatives and programs that help with a down payment.

If you're not careful, you can have your entire gain converted into non-exchangeable ordinary income. 

There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Digitize physical receipts for easy storage.Additionally, youcan track income and expenses consistently, using software or spreadsheets.I use QuickBooks Online for most of my clients.

Property has a nice view in a middle income suburban area.

Most of my SFR are excellent tenants with solid income and nice neighborhoods. 

Here's scenario:In my early 50's married with 2 kids, good income, live in San Diego, CA.

The new corporate transparency act further degrades the utility of LLC in providing anonymity.

However, the communication from the corporate office appears to be directly from the owner, Michael, who has proactively engaged with me and my associates through a call to address our questions and concerns.

I have been a corporate professional for about 20 years.