This formula incorporates additional factors and expenses, many designed to consider parents’ financial needs.The Percentage of Income ModelLast but not least, six states (Alaska, Mississippi, Nevada, North Dakota, Texas, and Wisconsin) use the percentage of income model.

Dave always delivers and has a way of taking complex data and turning it into a narrative about your future.

Although after speaking with other investors, some are telling us that it is not necessary to start a corporation for our first investment and its better to just buy in our personal names and incorporate later.This sort of advice that we have received is based on the information that a corporation costs more to start up and maintain.Should we incorporate now or later?

Someone can be naive about it and believe the narrative pushed by crooked legislators, I just say the drive itself is fueled and driver by those in the know, and those "in the know" are the ones that are least of all concerned about some poor guy forced to sell his property for less than 70% of its market value.

A little background: I live in the Nashville area, currently work as a CPA in corporate finance, and have a couple of rentals that I manage (1 long term and one STR).Thank you in advance for any advice! 

Make sure they narrate the videos and describe what they are showing you.You can try Zooming, but connection often drops on mobile. 

@Daisy Hawkins where is your LLC registered - in many states anyone can search the articles of incorporation or statement of information to find LLC members.

I bought my first duplex in Milwaukee 15 years ago, brand new investor, working in corporate, just read RichDad and attended one of their seminars.

@Brian Scott don't forget to incorporate the tax savings into your calculations too!

So there is no narrative where you somehow didn't have to do something 3+ years ago, so now you should make accomodations now as a thank you.Also while they are right to give the tenant notice that the doors need repair to avoid a security deposit claim, the tenant cannot just make the repair any way they see fit.