We created an open concept kitchen to open the space up, added a new rear porch, removing the enclosure and fully renovated the interior.

We created an open concept kitchen to open the space up, added a new rear porch, removing the enclosure and fully renovated the interior.

Areas near oil production hubs could experience economic booms, creating localized opportunities for real estate investments.Beyond these broader economic initiatives, Bessent has been vocal about extending or even expanding the 2017 Tax Cuts and Jobs Act (TCJA).

If you live in the house, and an LLC owns it.....there is zero liability protection created by that LLC.

So, by transferring income from a rental schedule E to a business schedule C you're creating a significant extra tax.

I have found my market and have created my team thus far. 

I want to create something that adds value to the industry, so I'm looking to build a solid foundation in this field.

Also, check state-specific tax laws, as some states impose additional transfer taxes.This post does not create a CPA-Client relationship.

The general idea is that you must acquire an interest in real property you do not already own, and since you already own the subject real property you want to build on, the transaction must be structured so that you are creating an interest in real property you do not already own (in fact, it does not yet exist).

Create an account on furnishedfinder.com, the hosts are on there and they are happy to chat.