Hi All, any input on renovating a house and possible tax exemptions under an LLC?

There’s a lot to go through on this site if you have any tips or forums that you find to be really helpful let me know. 

You may be able to deduct mortgage interest and property taxes before the property is in service. 

Would love to hear any tips & info that would help me get started!

And here's a tip...When you think you are all done; stay in your new STR for 24-48 hours and keep a list of each thing that you were reaching for that wasn't there. 

I’d love to hear your thoughts, tips, or even warnings.

I can assure you will find alot of helpful tips and information here.

Greetings!I am a resident of Virginia and purchased a rental property in West Virginia during 2024.  The 2 states have reciprocal agreements for wages and salaries.  I'm unsure if I have to file as Non-Resident in Wes...

Home went to tax sale county kept excess proceeds.

Assessments in NJ are not done on sale, unless it's a new build or a complete renovation where the permits tip them to reassess, so every three years or so they reassess all of the properties and taxes go up most of the time.