IN FULL DISCLOSURE, I have lived in Jacksonville my entire life and own 25 rentals here.  

There are numerous opportunities in Real Estate Investing (REI).

I have an accountant who I would prefer not to bug with this, googled with conflicting answers and attempted to search here without luck.

She introduced me to a hard money guy, helped me set up the deal and helped me by sending workers to west Texas.

The Furnished Finder customer service team should be able to answer this question for you in more detail.

Secondly, be patient in expensive markets. 

Natalka, we're in the same market and speak the same RE language. 

Some people set up an LLC after closing for liability and ownership clarity, though that depends on lender approval.On taxes, both of you could qualify as materially participating if you put in the hours and track them.

A property in a strong rental pocket with room for small value-adds (like adding laundry or updating kitchens) can outperform something cheaper in a weak area.

I’m a local real estate investor and broker licensed in both Louisiana and Mississippi with over a decade of experience in the business.