When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.

@Douglas Skipworth and Dean Harris of Crestcore have a great podcast and a video outlining all the zip codes in TN as well.

=) We've been listening to a number of BP podcasts, YouTube videos, and have been expanding our library of BP books.

I suggest gradually assembling a reliable maintenance team that includes HVAC, plumbing, and other essential services.Tenants are responsible for providing access to the property.

It’s essential to screen tenants carefully to minimize vacancies and ensure reliable rent payments.4.

Understanding the preferences of the Hamptons luxury market is essential.

.: @Eric N.I totally agree, hitting home run is not as easy as watching a Youtube video :))And it's generally true for any endeavor, there is one Lebron James for thousands of wannabes.

I recently saw a YT video on SDIRA wealth with Morris invest and called them.

You can watch the meetings at this link: https://engage.buncombecounty.org/d1035 I haven't watched the videos myself.It's hard to predict where things will go now that we've lost thousands of housing units, many of which were in the most affordable bracket.

Have the tenants take and send pictures of any maintenance items and video chat with the repair person as needed.If you ever get in a situation where you just feel like you can't do it or don't want to do it, you can always put a PM in place at any time.