Also, if anybody has architectural questions, construction, costs, etc. questions I would be more than happy to help too.Here is the deal I am needing advice on:The address is 3110 E Thompson St Long Beach, CA, 90805 (shows 459k zestimate on zillow)A friend of mine owns this property with his 4 siblings. 

@Daniel E., just curious, why do you prefer REITS to syndications?

We e texted into contract with a buyer while the house was down to the studs.

@Daniel RodriguezThe Admin of a FB REI group posted this one:Unsure if it’s allowed to post on herehttps://www.eventbrite.com/e/rei-social-el-paso-tickets-135061483533?

HelloLots of people have their opinions about asset protection and what is best but their is a line in the IRS Schedule E form instructions that concern me about using the Land Trust/LLC asset protection strategy.

I am looking at a listing: http://www.loopnet.com/Listing/3000-E-49th-St-Kans....

I’m reviewing material on self rental rules, having the business buy the property (not ideal), Schedule E applicability, entity differences if her business was a C Corp, and others.Seeking the optimal way to structure this investment with tax efficiency in mind.Many thanks for your perspective in advance.

@Jason E.

I am just starting out with R/E investing beyond my own home. 

I was thinking to pull O&E reports, but it seems O&E report does not include these government liens and HOA liens, so it is probably not worth it to pull O&E before tax deed application?