Accrual, running inventory under LIFO or FIFO only has advantages in taxation when costs of inventory adjust to raising or falling prices of parts or unfinished goods that are held over your accounting period, as in inflationary periods or long holding periods.

Start with the lowest rate, longest term and see what falls out.

The rain in Spain falls mainly on... me. 

The substantial amount of information that is free on the internet that covers hundreds if not thousands of pages upon pages of dry complex descriptions of the different options that would take you hours/days/weeks (if you could even commit to sitting in front of your computer that long without falling asleep or getting on a social media website) to sift through and determine what is "the right way" and how it applies to you in a way that will be successful.

Hey Junior,I'm not seeing the 2% often in this market just based on what we've looked at - most of ours are falling a little over 1%.

Which I might do this fall.

However, she suggests to all of her clients that they should form a "property management" LLC plus an additional LLC for the actual property or properties to fall under.

So she will not fall into that kind of trap later in her life.

That's great because I'm also in the DMV area (Falls Church, VA) and I began my real estate investing journey a few months ago on BP.

I have had 4 deals fall through in the past year where the title company didn't find things during the title search phase...