Hi all, we need some help on tax strategies for a 5-door rental portfolio in Montgomery Alabama, this is a long-distance investment, we leave in Miami but invest in AL. for now, we are planning on a rapid grow on the Montgomery Market, we have partner up with new investors and we are in need to set new entities and the best tax strategy to set up the upcoming investments but also i will need help with the investments on 2024.Please reach out for a consultation and hopefully a long-lasting relationship.It will help if you are located in Miami and can handle Alabama, so que can have a one-on-one meeting.Thank you ALL and have a blessed day!!!   

There is no penalty for the tenant to end the lease at any time with a 30 day notice"...And the reason I did this is because it is very important to me, with small town circumstances and dynamics for my family in the town the rental is located in, that the tenant not be disrespectful or unfair in any way. 

This property is unique due to its layout and prime location.

It's in great location that I'm confident will continue to appreciate.

Now if your thinking location jumps out as a big factor to all this, you hit the nail on the head, location location LOCATION. 

Over this time I have acquired my contractor team and have vetted them through my job as a property manager, figured out my strategy(Off Market/Deep buying) and location.

A lot of multi family can be located in not so good areas.

Regarding the location of the Qualified Intermediary (QI), it doesn't matter whether they are based in New Jersey, Florida, or elsewhere.

HELOCs on rentals are rare, and depends on where you are located.

Continuing on the north coast, another idyllic vacation rental location is Pacific City Oregon.