For existing companies, individuals who own at least 25% of the entity or exercise substantial control over it must submit BOIR to the Financial Crimes Enforcement Network (FinCEN) by December 31, 2024.

Depending on your financial status and the health of the LLC and investment it holds they may require a personal guarantee, which would also be you signing as your legal name.

Who knows one day you may get to financial freedom through housing your colleagues.

RE is related only to the extent that RE is the collateral, note investing is an area of finance.You don't need an MBA in finance, but you do need to understand the financial arena and mostly it's about laws relating to both finance and real estate.Doug, sorry I missed mentioning you.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

I discovered the BP podcasts while educating myself about financial literacy & the FIRE movement.

As an accredited investor you have access to hundreds of new potential syndications every month (and crowdfunding deals which are the same thing except are allowed to market on the Internet).You may want to start off on a site like CrowdStreet or FinResi , where you can view the variety ( different types of asset classes, strategies, stances) and start to come up with your own method for looking at deals (which matches your unique, personal  risk tolerance, financial situation and financial goals).Thanks Ian.

@Nathan M kieferI recommend that you get professional financial/tax advice.

For savvy investors, the key to keeping more of your hard-earned returns lies in strategic planning and leveraging the right tools to minimize tax liability.Whether you're looking to reinvest in another property, take advantage of depreciation, or explore unique tax-deferral opportunities, there are powerful strategies available to help you reduce your tax burden and maximize your financial outcomes.

@Erika Shiu House hacking with an STR is a smart strategy but ensures financial viability since your mortgage is over 50% of take-home pay.