Even though you are going to be the majority owner, remember that things can get a little wonky in business, and make no mistake, if you have 3 other "partners" in this deal, it is bound to happen at some point.

@Ryan Espinosa Most CPAs are going to be busy next month or two with the tax season - this being one of the most challenging seasons - which is probably why you are having a bit of hard time.

These investors are asking me for a business plan that would include: returns, percentages, equity stakes and more.

I find that many people don’t want to rent for 7 nights (other town’s regulations) in the winter when they are traveling for a wedding, business, visiting family, etc., so it outperforms in the off season because of the lack of decent hotels in the area.

The technical requirement is that you have the intent to hold the property for rental, investment or use in a trade or business.

I have a business selling items on their and it can be a pain sometimes 

My business partner bought me out as I have other ventures that I need to prioritize.

I don't have a W2 and all I have is the first duplex income and some photography income from my photo business.

TaxesCash flow is controversial: your business needs cash flow to survive, but the source does not matter, could be your W2 if you have one.

You could do this for anyone in the real estate business.