Was looking for some better ideas for tax planning, and saw this one, but then wondering now how much money I need bring to table.I also have another house I could sell, and maybe 1031 exchange with like 300k equity in it, so not sure if that would help.

Does the return now (rental income, asset appreciation, etc) outweigh the potential for rates to slightly drop in the unknown future?

Assuming he/she does not sell the property at the end of 10 years, at that point will taxes be owed on the property's appraised value?

My CPA advised me to split the generic costs such as property tax and water bills equally between both units, which seems reasonable.

Most realtors can not get much loan due to nature of his un-predicable income as 1099 and have terrible credit score issues.

Beside it is car wash, dunkins. please help me with suggestionsWhat all i can do so i can earn monthly income from it or any suggestions. 

Norm,What you want to do is look online for your county tax assessor site.

(yes, I will check with my tax professional also)

And I am not going for a passive income - I am going to someday be on the same level as someone like Grant Cardone, but with a strategy of higher ethics.

That way increases in costs of insurance, property taxes, etc are passed onto the tenant.