Make sure to read up on the tax exemptions, they usually require that you are a resident of that state and file for the exemption annually. 

Account ClosedDo you have a real estate brokers license for the state of NY?

I found Smartmove to be very confusing with their pricing structure, and I could never find my account once created. 

We can talk more on how to account for condition too.  

That's not strong enough, btw.Meanwhile,  put your money in high apy savings accounts (Google it).

If youre truly in this for the long haul, there is nothing worse than getting started and then realize you dont like who youre dealing with.Meet the property management, customer service, accounting / finance.

But I have accountants nationwide that maintain that they can do those sales and purchases with related parties as long as they maintain meticulous records and use arms length market valuations. 

Find a reputable accountant, this is too big of a decision to listen to someone in an online forum.

All of the accounting work is done with quickbooks, so I believe I'm looking for software to best help out with managing tenants, leases, payments, showings....etc..Thank you,Bobby P. 

What is he currently receiving  for monthly/annual rent for the property?