Immediately filed tax appeal based on the closing price, won and reduced the property tax.

Make sure the rental income comfortably covers your mortgage, taxes, and other expenses.

For rentals not yet showing on your tax returns (like your Nevada property), many lenders will use 75% of the monthly rent to offset your PITI. 

That will help you make the decision.Between your BAH and tax free 2 of 5 years primary residence you just have to breath to be a $1mm in 10 years.  

Hi, I am seeking advice on what kind of entity I should form for tax lien investing. 

We as a firm have investors working with us who have rental properties all over the US big and small.Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding.

I have used him for over 20 years and has been great but I want to make sure he is not missing any tax benefits for STR.

You haven't talked about taxes yet.

Property taxes here around around $10k/yr so around $800/month.

I am also including the taxes and insurance while running the numbers.