I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

(Federal and state)Is the income being double taxed by boh the US/Canada - is there a foreign tax credit to aleviate the double taxation.Work with an accountant who knows international taxation and real estate taxation.

And I learned about contract law, the courts, evictions, taxation on profits, negotiation and NLP (neuro linguistic programming), creative financing, seller financing, jv partnering, private lending, using self directed IRAs (it was pretty new in the 80s), managing my time, following up with "let me think it over" sellers, dealing with other sales objections, so many different skills. 

This is taxable to both IRA and Solo 401(k) plans as Unrelated Business Taxable Income (UBTI).A Solo 401(k) is exempted only from taxation on Unrelated Debt-Financed Income (UDFI) when it uses debt-financing such as a mortgage to acquire real estate. 

I choose to live in my first property with my brother for 2 years to avoid capital gains tax. At

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

An LLC is a pass-through entity meaning it pays no tax at the entity level and all items of income and expenses are picked up on the owners' returns.  

Everyone knows that Capital Gains can be put into Opportunity Zone Funds to defer taxation for 7 years.But what about if you have a mix of gains and losses -- can you elect to treat the gains as gains and invest in OZ Fund to enjoy the deferal AND treat the losses for separately and carry forward to offset additional later gains?

Preferential taxation on capital gains, mortgage interest deductions, government backed loans, the list goes on and on.

Take a look at southern Indiana, Indiana is a well managed state with relatively low taxation and landlord friendly.