To remedy this for next time I am in the process of creating a design board that can be used as a base for future flips.

., managing bookings or tenant interactions), which could subject it to self-employment tax.This post does not create a CPA-Client relationship.

I just did a 2/1 making a 1/1 making it a 3/2, official description of the permit was renamed by the plan checker to "Proposed remodel of existing SFD to create one bedroom and one bathroom.

If this is the case, you want as much money as possible in taxable and Roth assets so that you don't pass assets on that create tax burdens for your kids.  

Originally posted by @Jenna Waites:I know this thread is a few months old, but just FYI for anyone finding this considering Resimpli, the biggest issue I see with them is that their report options are TERRIBLE and they offer 0 customization to the metrics they do provide.On top of that they are a completely closed system so you can not pull your data out in any way to create useful reports or integrate with any other system.

You need to create an account.

I love the PDF you created, easily digestible with great information.

Your goal is to plant the idea in their mind and create a situation where selling to you feels like the easiest and most logical solution for them.If you haven’t already, the first step is to get pre-approved for a mortgage so you know what you could afford if you were to purchase the property conventionally.

It’s designed for small businesses and landlords, allowing you to create multiple accounts for rent deposits, maintenance, and taxes.

Would it be a good idea to create an LLC, let's call it "2500 Oak Street LLC" (fictitious new address) then list the new LLC as the owner of the home?