He was a good guy” and his information  on buying at tax or foreclosure sales was realistic and doable. 

There could be local considerations that are tax and inheritance related.Thanks for the reply Ken.

To navigate the nuance in the laws properly for compliance and to accurately structure our LLC, I am looking to consult with an attorney who knows immigration + business + tax laws. 

So if you have the property for a total of 10 years, moved in at year 8, little value or tax advantage.

I pay $875 (including principal, interest, taxes, and insurance) and rent it out for $1,625.

From a tax implication standpoint, it can be tricky but if done correctly, not a problem.

3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)

You are so right about analysis paralysis 😁Not too concerned about mechanics though I would like to learn more about how to best use CRMs (specifically freedomsoft), but also would like to learn specifics regarding forming LLC structures and tax strategies 🤔

DSCR lenders are much more flexible with income requirements and don’t require W-2s or tax returns.I’d be happy to connect and chat more if you’re interested!

Tax Savings:While it’s true that the stock market has been strong, real estate offers unique tax advantages that aren’t available with other asset classes.