Domicile: WA State (income tax free)Property location (Texas): (income tax free)LT gains + Depreciation recapture ~ $300k on a $500k income property ~effective / average tax rate = 12% for past umpteen yrs (relatively low income, avoiding IRMAA and doing Roth rolls (no 'realized' income, just transferring from tIRA to Roth = vast majority of annual MAGI income)In the end (coming soon, ~17 yrs) ALL remaining estate will go to charities / Charitable Foundation / DAF.

I recently purchased a 7 unit with 20% NET income.

That was followed up by hours upon hours of video content that gives viewers a look into how they can start to account for their variable expenses. 

If we decide to do STR (I think we will trial it), some of the best performing 2BD Airbnbs have average gross incomes of ~$49k/Year (~$4k/month).IMO I think furnished rental house hacks have so much upside.Is anyone else out there combining house hacking with furnished rentals?

I'd plan to pay off both loans within 5-7 years with cash flow from the rental and other income and assets.I'm an accredited investor and will still have more than a year of expenses covered in liquid assets and additional funds to buy another 1-2 properties in the next 2 years, which is my goal.I don't know if I've provided enough or the right information to get some opinions if what I'm planning to do with my current house and new home purchase makes sense. 

I do I open a separate account and pay the bills and mortgage with that account..   

I live 100% from the income from our holdings. 

The book is saying open up multiple accounts for your business for the purposes of charitable giving, owner income, taxes, paying down bad debt, etc.

You can you passive losses to neutralize/eliminate passive income.

Can anyone recommend a great accountant they've worked with who also has experience with US Expats living abroad filing their taxes back in the US?