STRs have very substantial tax advantages compared to other strategies as long as proper tax planning is done.Let’s start by getting an understanding of how rental property loss recognition has evolved over time.

There is usually a close overlap that gives you a competitive advantage of knowledge or boots on the ground instead of nothing.

The more likely scenario is listing both the deed holder and intermediary LLC, particularly if there’s a claim where insurance could be advantageous to the plaintiffs cause.

Maybe they are bad negotiators and that works to your advantage. 

Hey Seth - With your construction background, you're in a great position as leveraging that rehab experience will be a huge advantage when securing financing.

I would check with your lender to confirm if 0% can be used for 3 and 4 units...they might require 5% down.SFR investment with rehab can also be a great way to invest in real estate. it just depends what are your strengths and goals and which strategy will best serve you.buying a home a year is normal for some. depends on what your goals are.Id think of it like planting a tree: being 25, time is on your side. if you have a solid income with healthy DTI, I would suggest taking advantage of it by house hacking small multi in A/B market and let father time be your friend.

We also have homestead exemptions where I'm at - which an LLC isn't able to take advantage of - so I would investigate the benefits of that as well when considering selling it to yourself.  

The investor's theory behind his suggestion was to use the 500k loan to wipe all debt and only pay on the new loan, I'm not sure if this would be advantageous financially due to my current debts monthly payments set at: LTR = 1900MTR = 1500HELOC= 550Vehicle = 850Total = 4800 monthly At current loan rates for 500k, and a 800+ credit score be a lower monthly than the $4800? 

Then (at least to my understanding) you find an agency that wishes to use it as one of the aforementioned categories and they use it find the individuals to place there and they also act as a "property manager."  

We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!