We used to offer this service to investors but it created more problems than it was worth. 

Is my easiest and best option to create an llc in Nevada?

Hi this is my first post.last year I created an LLC and move two properties into it, my wife and I own the LLC and we both owned the houses as well.houses have been rentals since 2019, and LLC was created on 2023.this year my CPA says I need to pay over 17,000 USD in taxes to the IRS because"This is a one time thing moving the properties to the LLC.

I mean look, well-functioning free markets create fair prices.

Since you self-manage, create a shell property management LLC and run your rentals management through it, charge yourself pm fees, thus generating self-income, thus being able to open Solo-401K where you can contribute 56K+/year tax deferred  (you will have to pay self-income tax, but might end up better than paying full tax on rental income...check with your CPA as this requires planning).

Best of luck with your real estate endeavors, and if there's anything specific you'd like assistance with or discuss, don't hesitate to ask!

Seems like you have no limit on options, this is really a strategy choice.

If you get any down payment or closing cost assistance, sometimes they’ll have their own minimum requirements too.

Starting your journey with multifamily properties is an exciting choice.

For those using GPTs, I have created a GPT to calculate and explain cash flow, ROI, cap rate, IRR, and cash on cash return.