Here's a good breakdown of your options for tax collecting starting Feb 1 based on the new regulations.

Not looking forward to losses, just meant in the sense that I have a new STR and will expect to incur losses in year 1 and this is advantageous from a tax perspective in a sense.

Hey everyone,I’m a real estate investor looking to build stronger relationships with agents to access off-market deals.

Just curious what people have ran across to build these days?

Wondering if there is anyone that has build a detached ADU in Fullerton, CA in the backyard of their single family home?

At a 7% annual return, this could grow to $908K after 10 years, providing immediate liquidity and diversification.Alternatively, holding the property could yield $825K net equity after taxes in 10 years, assuming a $900K sale, with the potential to defer taxes via a 1031 exchange if reinvested into another property.

We affirmed the absolute rights, set forth in your State’s LLC Law, for ANY Member to request copies of the three most recent years Federal and State tax returns issued by the LLC. 

I don't know the answers on taxes, but New Jersey is the densest state in America.

Use that loan to pay the back taxes and get things under control.

Though I am unsure how I would amortize the up front remodeling costs for P&L, tax accounting.2) Interest only loans term loans -  Would allow current owner to have cash flow on the property, without eroding the asset value.