We hope to eventually have multiple properties, but want to take our time to learn and make the right decisions with our first rental.

Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.

If you have multiple LLCs, best practice would be having a Plus subscription.  

Just this month, I’ve gotten under contract for my clients for multiple 20%+ cash on cash rental properties so there’s definitely tons of opportunity here.

I’ve heard so many inspiring stories about members who started with nothing and now own multiple properties by taking a chance.

(eg, if your lot is not the standard 25 x 125, but some other multiple where the width is actually skinnier than 25, and the lenghth is longer than 125, and you want to reduce side setback requirements, eg.) 

It's much easier to set things up right than to have to transition them later when you have multiple properties and many, many transactions.

Well, there are multiple moving pieces.

There are multiple cities here in Maricopa County that would allow you to house hack and cash flow.

Oddly, Vrbo bookings nearly dried up and I get a steady stream of Airbnb leads despite the higher rate I set there.Unfortunately, by giving Vrbo a three-month exclusive head start, I missed revenue that could have been earned by listing on multiple OTAs from the onset.