California for example taxes, HOA's, Sale prices all seem to eat any cash flow right out of the gate.

4) Applicants over 18 - what about full-time college students still being declared as dependents on parents' tax returns?

The lawyer we are going to hire is the president of the BAR in Belize so hopefully we get proper legal representation that will survive administrations..

No W2, tax returns etc.

Normally, on my taxes, I try to break even or make a little profit BEFORE applying depreciation to the property.I recently applied for my 6th mortgage, and the loan officer significantly lowered my buying power because he looked at all of my properties as losing money. 

@John FongCalifornia is generally more cumbersome than other states when it comes to taxes and filings.

Hi Emily, I'd say Azibo, Stessa, REIhub are good rental accounting options that offer income/expense tracking, financial reports and tax reports (Schedule E).Azibo and Stessa offer business bank accounts.

We are not subject to federal gas lease revocation at the whim of the administration.

When you die, your heirs inherit the property at a stepped up tax basis capturing the equity tax free.

We have several strategies to mitigate delays and fees that work well and keep the tax advantaged status of the account secure.