So I posted the other day asking if I could get around passive income on my rental properties so I could contribute to my retirement account.

Is it wise to look at places you can afford alone, or use rental income to offset what you can afford?

An accountant can explain this in better detail

Neither of these require income verification and much easier to navigate versus conventional. 

I’m looking to invest in a portfolio of multifamily properties to eventually replace my full time income.

Hi Salvatore,If you don't transfer the title and the mortgage to the LLC and do all the paperwork to show your LLC instead of your name, then you are still liable for any issue that happens to your tenant if they want to sue you.Mortgage companies in general allow to transfer to an LLC after one or two years.As Bill's mentioned, don't commingle funds is key as well, as soon as an LLC is open you have to open an LLC business account and everything towards the LLC goes there.

Account ClosedI will talk about the market I work in because my family and I invested here long before I became an agent, and I am still extremely bullish on the area. 

However, one of our objectives is to reduce the tax burden we face on our W2 income.

They may have insights into local nuances or regulations that could affect how payments are accounted for.

Which I would think is surrendering the rights due to the inconsistency of income or no income or wages?