Hello BP World!

He has been in business for a long time, understand the investment world since he also invests, is a partial owner of a insurance agency (which is great when liability is a concern), and returns calls after 5pm.

Also in the world of asset protection (not legal advice, just opinion) there is a concept known as equity stripping which means you protect your capital by pulling the equity out of it so if someone sues you there's not much to gain except for getting a charging order to obtain your rental income which there are ways around that too."

You can setup Airbnb properties anywhere in the world...

I m new to here and I am from HK where has the most expensive real estate price in the world.

I was told Y2K was the end of the world. 

Congrats and welcome to the RE world. 

What I can tell you is that the musician with 25 1099s from 25 performance gigs is going to have a LOT easier of a time buying a house if there's one Schedule C for all of it, rather than 3 or 5 or 25 (in the real world that last example would typically be from someone doing their own taxes).

This could get you and the property owner into a world of trouble.

Would love any recommendations you may have for a great tax pro in the Chicagoland area who understands how to navigate the world of rental properties.