While an LLC offers liability protection, it does not change how taxes are reported unless treated as a partnership or corporation.

I have actually changed directions with my investing since I posted that a year ago.

Probably the hardest thing some of us ever do is give ourselves permission to risk failure to succeed. 

Forums and meetups like BP have changed the game for my family for generations to come AND for generations for people in our homes. 

I’ve been involved in real estate investing for over 30 years, so if you ever have any questions or need guidance, feel free to reach out.

We got really burnt with our previous PM Company and are looking to change.

There seems like a new management change a few months ago in 9/2024, then there have been always delaying on disbursement of rental deposit to us as landlords, we have been calling, email or online text messages, but so far no response which is already the 6th of the month, this month we have close to $50K rental income already submitted to Appfolio however just $6000 deposited to our account today. 

Put an end date to this as well in case the closing date pushes out which could change things.

Change some of the variables, it will give you an intuitive feel for where you need to focus next given the opportunities at hand.Finally, the ultimate combination is having a business AND invest in real estate.

Just make sure you account for Denver’s higher property taxes, insurance costs, and the ever changing landlord regulations when running your numbers.Feel free to ask more questions about the area or strategies—I’ve helped clients with similar goals and have personally done house hacks and short-term rentals around Boulder and Denver.