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

The unit shares the same heating and cooling as my own house.

Since purchasing the home, housing market in my area has declined about 20%.

Water galore.

The current price of the house is worth about $900000.

@Edreco AmosMiami’s market can be tricky for cash flow since condo fees and insurance costs can eat into your profits, especially with newer buildings or those near the water.

The tenant understands that the property of the Tenant is not insured by the landlord for damage or loss of any kind (action of third party, fire, water, theft, vandalism, storm, heat or cold, electrical damage, pests, mold, accident, etc.), and the Landlord assumes no liability for such loss.

Good luck  Closing of the house was in late September.

Good Morning BP,I bought my first house last year in Suffolk, Virginia just to get started in the real estate game.

It’s just like having your 5 houses, only all in one building.