Only 3 cases exist that I know of of individuals successfully defending themselves before the tax court of qualifying for real estate professional status while having a full time job.  

Hi All,I am looking to get input from people who file their tax return using the Professional Real Estate Status.

He claimed that transferring ownership to LLCs would trigger transfer taxes which also justified why I needed land trusts.

And the good news is they go away in the future against higher taxes and tax rates.

What is your tax position?  

From a tax perspective...

High appreciation markets have higher rent growth.  2) prop 13 basically means property tax increases will be small (2%) regardless of the appreciation or rent growth. 

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

If am lending personally am I able to write off taxes from the interest from the HELOC, or would I only be able to do that with an LLC or S-corp?

Like for us in Oregon our customer service department when you ping them either call or e mail and ask for a TRIO.. within 30 minutes you get an e mail back with  copy of the assessor tax page showing tax info etc..