Does not matter how long you held the property.

I am not sure how long its been since no response.

I'm wondering if he would be willing to accept an offer that has long term tax benefit, I would give him his asking price, the only real problem I foresee in the repayment would be another big downturn.

I'm new to Real Estate Investing, but not new to dreaming I've been dreaming about investing for a very long time. 

They will happily create all the entities you ask them to all day long (charging a nice fee for each one). 

Hello all, I'm a long time listener to the podcast and finally deciding to jump into REI (great timing with interest rates, etc).

I find QuickBooks Online to be very simple to use and will provide exactly the reporting that your tax CPA is looking for (as long as you keep up with the bookkeeping and categorize correctly).

Be sure to consider any refinancing costs and how they would impact your overall financial situation.Analyze Appreciation Potential: While you mentioned that you don't expect significant appreciation in the property's value, consider the long-term appreciation potential of real estate in Corpus Christi.

This includes the frighteningly long list of platforms that want you to give them a monthly fee to help you fill, sign, and manage PDFs.

A mixed approach may be the best path forward since the inspector is coming nearly weekly, but agree long term positive reinforcement would be much more sustainable.