Profit sharing plan can shield around 60k of income. 3) Hopefully, you/brother also have IRA and HSA to decrease your AGI. 4) You can lease the property to your corp allowing withdrawal of cash from the business that is not subject to FICA (rather than paying yourself a compensation). 

@Krissia Manansala, here is the article by @Mike D'Arrigohttps://www.biggerpockets.com/member-blogs/3992/83758-is-it-still-a-good-time-to-invest-in-real-estateI think this is one of the best articles I've read on the subject.

Hello folksI have a question about a payment claim I received through a law firm representing Hoa, Orlando, Florida , villa's costa del sol A payment that was allegedly not paid in time (actually paid to the management company that collects the funds for the hoa)At the same time, the hoa company was not updated that the payment was made and transferred a demand for collection by a law firm.I turned to the management company (everything is recorded in emails that the payment was made, etc.)I turned directly to hoaThey claim that they can not do anything because the matter is already handled by lawyers.And if I wanted to sue their management company.I turned to the lawyers (every call to them is subject to an astronomical fee, the management company that manages the properties for me,In fact, unknowingly, inflated the debt when they tried to find out what it was about and why the whole mess?

The quality of tenant is the variable, most people that need section 8 are good people who just haven't quite figured out how to improve their situation in life, they just want a place to live and will generally behave if they have a solid, clean, safe place to live.Make sure you check local laws and rules around section 8 so that you don't get yourself in hot water, perhaps get in touch with the existing owner/property manager and see what there experience has been with section 8 and especially the current tenants. 

First, Unless MN is different then 90% of the US, You do not 'own' the HOA, The HOA is a legal entity created at some point in time. you may have controlling votes in decisions when the HOA brings then to a vote, but unless the document created at the time of the formation of the HOA says something differently you are just a unit owner many times over.Second, Depending on how the HOA was set up, The HOA may be under the Direction of a Property ManagerThird, You must follow all Federal,State,Local laws regarding the HOAForth You must comply with all HOA rules  for each individual of your units regardless of how many you ownFifth while it might be enticing to go all Pirate King, remember you have to follow the HOA rules or you may be subject to fines and lawsuits or both (In MD there is a case in the courts where a renter had problems with the unit owner and the the owners of the unit are being sued separately by the tenant.

It's definitely getting hot around the Oranges.

At first, I did not had any doubts about the subject but after talking to other investors, some of them have raise some concerns about it, citing some "conflict of interests" when you are a realtor v.s. a real estate investor.

Hi all,Just looking for some advice on this subject.

So I’m living in a hot equity market (Washington DC) at the moment and wanted to purchase a multifamily ,2-4 unit, as my first property.

What do you subject matter experts think?