I will not make an affirmative determination on an investment based on taxes but wanted to be make sure I take they into account should I find anything compelling.  

Account Closed: My goal is to create a Rental portfolio.

Right now, I'm mostly a stay at home dad, but my dream is to start looking into that more seriously once my young kids are all school age in about 3 years, something that I can do to earn my family some additional income while maintaining flexibility to take care of the kids outside of school.

(Fannie-Freddie just started allowing projected income from ADUs to be counted toward qualification this year.)Just in general, though, any kind of rent appraisal I see here in Colorado -- be it for short-term rentals/Airbnb or for LTR -- are woefully low. 

Is the $1500 income the rent or the cash flow after properly allocating for expenses?

I just want to make sure I understand correctly, so even though she will be receiving a lump sum in 3 years from the balloon payment (it is an investment property she's selling me, not primary residence), she can't 1031 that because technically when she sold it to me today she became the bank and no longer owns the property, so basically the lump sum paid to her at the end, is the same as a bank making money and therefore taxed as income tax?

In addition, it is remarkable what people will spend for accountability groups.  

Take into account you will be paying medical.Other???  

So, with that said, are there any of you who have used or can personally recommend a CPA or accounting firm/company from India where we can outsource some or all of our accounting/bookkeeping duties?  

Then as a married couple they can write off their losses against their W-2 income.