For the S Corp, what is its purpose?

Quote from @Jon Taylor: @Pete Harper - Section 721 of the Internal Revenue Code allows an investor to exchange property held for investment or business purposes for shares in a Real Estate Investment Trust (REIT) without triggering a taxable event.

You can learn to do this independently or get a rockstar REALTOR to lead the way.

There are a lot of folks on that facebook page meeting for the very first time.. and well that can lead to some folks being way to trusting.

So, that may lead to appreciation eventually.

Any advice, leads or potential partnerships would be greatly appreciated.Thank you all!

There’s no specific IRS rule against refinancing a cash purchase and deducting the interest, as long as the property is used for investment purposes and the loan is secured by it.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Congrats - would you ever buy in this market for pure investment purposes or do you think its mostly just a good market for a owner-use vacation home?

You can learn to do this independently or get a rockstar REALTOR to lead the way.