The best option for you depends on a number of factors including your exit strategy, any liability concerns and preferred tax treatment.Type of EntityTax TreatmentMain AdvantagesC-CorporationDouble TaxationCorporate tax rates are lowerS-CorporationPass-throughSelf-employment tax savingsLimited Liability Company (LLC)Pass-throughLiability protection and flexibilityFuture Outlook and Recent Tax Law ChangesMost recent tax changes applicable to real estate investors include:The increase in the estate tax exemption to $13.61 million per individual for 2024.

People typically prefer to do STR -> MTR since they still have a higher income, but are able to get around STR regulations/invest less time into the deal.

other people are doing some niche that is higher risk.  

Lots of our clients actually prefer quick turnaround and cash. 4. 

Cant speak for the other markets but here in College Station, you can get low-interest-rate loans even as an investor through the builder's preferred lender! 

I could do an all cash, but would prefer to do a conventional loan.

They might prefer to see the funds used for improvements on the property securing the HELOC.

We also have preferred venders in place for lending, insurance and Property Management.  

I much prefer Loreto or Mulege. 

I'm looking into potentially house hacking a small multi-family home, preferably in northern NJ (such as Morris county) or Westchester, NY if possible, but I'm open to other areas that are hopefully within about 1.5 hours (driving or public transit) of Manhattan.