There were some repairs I had my handyman do that had a cost plus the sales tax.

I have successfully funded a purchase from a Scorporation (files 1120S tax return) owned property by a borrower with 25% down payment (investment/non owner)  from funds in other personal accounts other than the scorporation's accounts.

I would like to find someone who could advise the best legal structure for this situation in terms of tax implications.Thanks again,Richard

To clarify is your cash flow $850 a month after all expenses (mortgage, taxes, insurance, maintenance, turnover,etc)?

So its a modified A for me ( consider taxes / with holdings ). 

I already filed the license application with the state, but read somewhere that hillsborough also requires you to apply for some sort of tax ID. 

DSCR loans - there are DSCR loans that have much shorter seasoning period like 3 months and 6 months, and these financing doesn't require tax returns or W-2

Doing so would trigger the need to pay Taxes on gains, additional closing/agent costs to sell our properties, and provide no residual income or capture of any benefits related to holding a property in a high growth area.

I am an insurance agent, income tax preparer, landlord and President of the Illinois REIA. 

My only concern are the property taxes for landlords.