Tax structuring and LLC advice you can get for a paid fee too.

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

The big advantage is having the capital gains spread out over many years to avoid a huge tax bill.

I'd also add to that that you are paying a 20% withholding tax on gross rental income. 

Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.

So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save? 

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Tax-Free Exchanges: While 1031 exchanges aren't available to SDIRAs, the tax deferral within the account means you can sell property and reinvest proceeds into new opportunities without immediate tax consequences.

Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...

If you own them free and clear you will likely only pay for title and transfer tax on the market value of the property if you want them to be under LLC.