I guess I'm wondering if the cash from the credit cards could be treated similarly...

That triggered us having to pay transfer taxes, as the state treats an LLC as a disregarded entity, even if it contains the same members.Most of our clients invest using an LLC as their preferred corporate structure.

A JADU can be treated as just another wing of the house and included in square footage, etc.2) Keep renting!

Hey Amy,It sounds like that Texas property treated you guys well!

So I was looking for a quick/responsible person/family to rent and take very good care of the house and treat it as his/hers,if you can promise us that you are going to take very good care of the house you have no problem with us.The house is located at ( 156XX 60th Ave N, Plymouth, MN 55XX ). 3beds 1baths The rent is $800 security deposit payment to move in asap is $700,Attn : The rent are including the Utilities are intact such as Dishwasher,Dryer, Electric Stove, Fridge, Washer,Air Condition,Sewage,Trash,all included in the monthly rent,as i am in a governmental programmer that sponsors my utilities on monthly basis etc..

That's why investors capital such as yours is customarily treated as equity, not debt and and receive ownership interest.

Some people treat their STR like a hobby and others treat it like a business.You don’t know the numbers are based on if owners use it 3 months a year themselves, or manage it themselves and have STR knowledge or farm it out to a competent or incompetent property manager.In one area I invest in, the biggest players are all large direct booking sites with hundreds of properties so their revenue doesn’t show up on airDNA, etc.Use conservative numbers and understand your skills in terms of getting a property to be unique, marketing, listing management, etc. or the competency of the PMs you are interviewing.Good luck!

I would suggest you just treat your investment properties like retirement funds.

If they don't want to sign the lease (and currently aren't under a lease), treat them as a month to month tenant and give them notice that they need to move.

I've been investing in the Gulfport-Biloxi market for about five years and it has treated me very well.