Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.

To thrive in real estate investing, you must maintain a firm grip on your finances.

My wife and I are full time real estate and therefore no W2. 

If you have a road maintained by the HOA then set aside for that in reserves. 

Mortgage rates remain above 7% as the Federal Reserve maintains its cautious stance on inflation.

You’ll face hurdles like maintaining a steady deal flow, securing funding, managing renovations efficiently, and optimizing your exit strategies.This guide highlights key strategies for investors looking to transition from single deals to a scalable, volume-based distressed property investment model.1.

Start by formalizing the transition—create a lease agreement and maintain detailed records of rental income and expenses.

It's how I've maintained a perfect bond rating and managed my business with the CSLB>I've read many of your posts and am aware that you feel that you can decide when you want a permit or not  I would word it differently.  

You want enough so that a potential law suit would go away if the insurance paid out.Best thing is to highly maintain your property and treat guests with respect so that no one would ever want to sue you.

I'm a first-time homebuyer looking to start my real estate investing journey and would appreciate some advice. For context, I'm 25 and planning to move in with my soon-to-be fiancée. We want to purchase a property to ...