When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

I limited each season to 20 people. 

Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

You can set up a Wyoming LLC yourself.

Here’s why some people struggle and how to fix it:1️⃣ YOU’RE SETTING UNREALISTIC EXPECTATIONSYou’re not going to close every deal.

The limited housing supply has resulted in increased competition among buyers and higher prices. 

A window of time to present yourself, get processed, finger printed, all info set.

Parts of Ventura County allow it with some limitations.

The banks and the towns work together to set the rates.Just got back from Malta and Italy for Xmas and new years.  

Not exactly earth-shattering.The bigger question is, why are you setting up an LLC before you even have anything to protect?