Something to consult a CPA about is the tax write offs.

If you itemize your taxes, this may be used as a write off (I am not a tax professional, so please consult with your tax preparer/cpa etc etc).

As for NYC rental properties and putting your one rental property into a Trust, consult professional journals for this.  

Looking for someone who has experience on this matter, as we have more things to consult in future related to investing in Rental through LLC.

I've considered using ZenBusiness or consulting a local attorney for the formation process.

So I'm under renovations for my first property and I used a conventional purchase and renovation loan, not knowing how tedious the draw process would be for me and my GC, but saw it as the most convenient way to fund the renovations.Doing our best to communicate with each other to ensure a smooth draw (fill out work completed form, get inspector out, review from both HUD Consultant and lender, send for signatures, 3-5 days of processing).

Consulting with a financial advisor or real estate professional may also be beneficial in determining the best course of action for your specific situation.

Code Se. 2.716, https://casetext.com/statute/texas-codes/business-and-commer...Specific Performance Versus Damages for Breach of Contract: An Economic Analysis, Shavell, Texas Law Review, Vol. 84, Num 4, March 2006, http://www.law.harvard.edu/faculty/shavell/pdf/Shavell-SpecP...Anything more, you can request a consultation and pay the retainer.

When someone passes away, the assets within their estate are subject to estate taxes if the total value of their estate exceeds a certain threshold (this amount fluctuates based on tax code, so be sure to consult a professional).

He encourages investors to continually educate themselves, consult with professionals, and leverage technology to stay ahead in the market.ConclusionNavigating the real estate market for long-term investment success requires a deep understanding of various factors, including market trends, property management, and economic indicators.