Electing disregarded entity status avoids additional filings while achieving the same tax outcome.This post does not create a CPA-Client relationship.

If there was a house of interest listed it was get there same day and make a strong offer to even have a chance, this doesn't seem to be the case at this moment.

My advice: don’t overthink it—your first house hack is about learning, so pick a strong rental market, ensure solid demand, and lock in a deal that gets you close to break-even or better.

I had been discussing this property with the owner for a while and saw its potential—distressed but with strong fundamentals and built-in equity.The deal was a great opportunity to apply creative financing, secure a property with minimal upfront capital, and build long-term cash flow.

[Disclaimer: This information is a service to Clients and other readers for educational purposes only.

-Vet contractors and builders that your clients want to work with.

I do make money obviously when a client buys one.

The university’s experienced strong enrollment growth over the past 20+ years, so it could be a good fit if you’re willing to cater to college students or young graduates.

Louis market:•How strong is the demand for Section 8 housing in the area?

I also use QBO for my REI bookkeeping clients.