My recommendation would be to bring on a consultant to do this for you and you manage them.

I would recommend consulting with a tax professional to gather more details to confirm this based on your situation.

You should consider consulting an attorney.

Consult your local CPA to calculate accurately and minimize your tax liability.

**Letter of Intent (LOI)**: Though not legally binding, an LOI can outline the basic terms and conditions of a potential deal before the final contracts are drawn up, ensuring that all parties are on the same page.It's always wise to consult with a real estate attorney to ensure that your contracts comply with local laws and protect your interests.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

Banks can refinance a rental property under an LLC, but it sounds like you would really benefit from investor-specific consulting and lending.

Its a great idea, but you will need to consult the township in order to understand their requirements for liveable space.

It’s advisable to consult with a real estate-savvy CPA or tax strategist to explore ways to mitigate capital gains taxes before proceeding.If you’re interested in exploring multifamily investment opportunities in Rochester, I’d be happy to discuss options and provide insights.