During that time I accumulated 55 units by selling some of the older, smaller ones under 1031’s and buying much larger properties.Strictly from a landlord view, Burlington was a great place to do business.  

Quote from @Michael S.: I was actually starting to wonder if Reafco had secretly bought Bigger Pockets... lol, bro did you hear how much money Dorkin got for Bigger Pockets?

Most groups travel during the week in 3-5's, and people will rent units together if they have bigger groups. 2.

Once you purchase the multifamily, you could later refinance the house(s).

I went to college in the 70's for social work.   

Running the project through an LLC gives you tax flexibility, such as choosing how the income is taxed (sole proprietorship, S-Corp, etc.), and makes it easier to track and deduct business expenses.

This might offer more security but also could complicate tax reporting.Taxation of Y as an S Corp:If Y is profitable, electing S Corp status could reduce self-employment taxes, but it also comes with more stringent IRS rules.

See link below and feel free to txt me with any questions at 440-320-6299600 12th Ave S Apt 1502, Nashville· 1beds · 1.5bathshttps://apps.realtor.com/mUAZ/xpd4thwh

Yeah, 1031's can be confusing until you get the hang of them.

Quote from @Susan Maneck:  My parents worked 5 jobs because they were working to elevate our family, not just coast by doing the bare minimum.