For this reason, it is generally best to have the LLC registered or qualified as a foreign entity in the state where the property is located to avoid complications like this.

I have a solid relationship with the seller of a 5-unit (4 apartment, 1 commercial) building in Mercer County, PA. I currently have a reliable team with my managed properties in the area; however, I don't have a comme...

Is it more beneficial when filling taxes to have a rental as a primary residence (house hack) or solely as a rental property, along with a   W-2 job?

The age old question hahah is your primary residence an FHA/VA/USDA loan or a conventional loan?

Investment Info:

Single-family residence fix & flip investment in Camarillo.

Purchase price: $225,000

Cash invested: $50,000

Sale price: $335,000

This was my first house and I didn't know any...

I'm about to make two offers, one on a triplex with a 6% cap rate and one one a single-family that I want to use as my primary.

Which may also be a reason to hold on to your current place (appreciation).Second, have you been in your primary at least two years.

It will be an STR with no personal use  Background: high income W2 job, no primary home (ADU on family's land property, happy twith this) so can't get umbrella policy with most insurers as they want auto and homeowners for primary home before offering umbrella  Quotes from foremost and proper.

Wondering if someone can point me to a reliable resource because the hours of research i've done online did not give me any clear, obvious examples of how to do this correctly.I owned my first primary residence for some years.

If you are living in the home as your primary residence you will probably lose the homestead exemption if you put it into a trust or LLC.