Asset Protection through LLCs: Some lawyers I've consulted mentioned a package that includes both probate avoidance and asset protection.

Consulting with a real estate attorney or financial advisor who understands trust law and real estate transactions could provide valuable guidance in navigating this decision, ensuring it aligns with the best interests of the trust and its beneficiaries.I hope this helps you out, good luck!

There is never any pressure to buy, and they offer a variety of consulting platforms to guide a potential owner through the process of purchasing passive real estate in Jacksonville, Florida.

Consulting with a tax professional is highly recommended to ensure compliance with IRS regulations and to maximize your tax benefits.

Consulting with local housing authorities, a real estate professional, or a Loan Officer (such as myself) experienced in Section 8 housing can provide valuable insights and guidance tailored to your specific situation, helping you navigate the program effectively while protecting your financial interests as a landlord.Let me know if you would like to discuss further or if you have any more questions I might be able to answer.

Consult with a mortgage broker or lender to determine the best financing solution for your investment goals and financial situation.Property selection: Look for properties that have the potential for value-add improvements, such as cosmetic upgrades, energy-efficient upgrades, or additional amenities.

That's a great way to monitor the property remotely.

You may also need to consult with a CPA regarding tax implications.

For those who struggle with setting goals and them monitoring them I would recommend a system like EOS (there are many others).

The most impactful part, they monitor our STR's 24/7.