Plus, you can offset property tax increases through rent increases and expense write-offs, as it’s a rental property.

Can you modify your plans to avoid the full removal? 

The plan is for the partner to actually live in the house.

The property cash-flows at about $1200 after all expenses.

Oh yeah, back to house 2 real quick, i added a 2nd bathroom and since all the rooms had door ways meaning it wasnt an open concept floor plan, i was able to add a 5th bedroom. i than started renting out every bedroom in that house while mainting one as my own.

We are trying to put together a business plan that works for the both of us.

I am planning to put up for rent a SFH in Prairie Village soon and am interviewing for PM.Who do you trust and why?

The QBO class tracking feature, found in the more expensive Plus and Advanced versions, is used by many investors.

I do like that with FUB you could integrate your lead inbounds with Zillow and such, and I'm pretty sure if I looked into it a bit more you could do this with Zoho.Bonus, if you are running accounting in Quick Books, Zoho already has something exactly similar = Zoho Books which could integrate with your CRM for expenses, invoices, etc.

You can share that with your accountant and start to have a conversation now of what your tax liability (if any) from this deal may look like and start to develop plans on how to potentially mitigate those if they are substantial.