This is a screenshot from a private Facebook group for tax professionals.

If you are a Tax professional, please feel to reach out.Thank You.

Hi everyone, Hoping to connect with someone who has experience renting to or operating residential care facilities. 

If you had one question for a professional house Mid-term Rental host, what would it be??

If you can care a hell of a lot more about your investors returns than the competition you will be fine.  

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.

Be careful when you select entity types.A pass-through entity in the United States, such as an LLC, may not hold the same characteristics in Canada.What market are you looking to invest in?

Hello everyone! I'm a 26 year old from Long Island hoping to acquire my first rental property by the end of the year. I do pretty decent for my age, and I live at home still, so I've been saving up a lot of money. Sad...

When I spoke with a real estate professional, she said the home would probably sell for around $250k in its current condition.