Buying a rental property through an LLC can offer liability protection and may make it easier to separate personal and business finances.

Personal use.You cannot have more than 14 days of personal use in December.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

I am personally looking into the FHA 203k loan or just FHA if the unit is move-in ready. 

We had to sell virtually everything we owned so we would not default with our commercial banks and or file BK. 

Be confident, be courteous, and time will teach you what works based on your unique personality and skillset.

I have one personally and I have found its better to rent the whole property vs. splitting it off and having a separate tenant with a separate lease.

The DSCR loan is a great tool because it's looking at the income potential of the property, not just your personal finances.

Hello,I am wondering if anyone knows the answer to this, I am a Canadian citizen with many single family houses that I own in my Florida LLP, I am currently using the structure of paying taxes from the the profits from the LLP flow thru into my personal name, paying taxes in Florida and then having to pay the difference in taxes in Canada ( minus the amount I paid in Florida as a foreign tax credit).  

Some of the most important criteria are these:1) Both real properties must be investment properties, and not your personal residence.