I am in a low tax bracket as I take alot of write offs.

I purchased it under my own personal name on this first one, cause we were competing to get there quick and my EIN hadn't come in yet.We do our own taxes but I have no clue what to put for this house purchase. 

I don’t have any credit card debt but I have several other bills that are like utilities that are getting past due and I am literally flat broke.

There are obvious reasons such as affordability, taxes, landlord tenant laws, high paying jobs, and over all political environment.

They specialize in tax, but the barrier to entry is much lower than a CPA, so they might not have the same level of expertise in complex matters.

No commercial business owner wants to own the building when they can triple net lease and instead just pay for furnishings, taxes , insurance and maintenance.The ConC return on a triple net leased property is far higher than on a property owned by the management company.Passive investors can still take advantage of accelerated depreciation and cost segregation thru material participation of new construction of a STVR home. 

It depends on if your priority is immediate cashflow or longterm appreciation / tax benefits. 

If we are unable to reinvest all required amount for 1031 exchange, what portion of the gains get taxed ?

I then turn over this expense notebook to my CPA so that he can use it to offset my taxes. 2).

The book is saying open up multiple accounts for your business for the purposes of charitable giving, owner income, taxes, paying down bad debt, etc.