Keep in mind that Wayfair is not a manufacturer, they are a screen scraper and drop shipper.

Hello, my name is Marshal, and I’m excited to connect with this community of like-minded individuals passionate about real estate.

I’m definitely working hard to create a solid foundation for both my family and my investments, and it’s encouraging to connect with like-minded people who are exploring real estate as well.You’re absolutely right about Section 8 housing, the stability of cash flow is definitely a big draw for me, especially with the U.S. market being more accessible in terms of affordability compared to Canada.

Hey Matt, As a solo-shop, I use the following to stay on top of my client's minds and files: 1.

Also, keep in mind that an IN multi member LLC would require a separate tax return, so you would want to budget for extra admin fees.

I'm excited to join this group of like-minded individuals passionate about real estate investing. 

Even if you’re not getting money back on your taxes, you’ll have the peace of mind knowing your return is accurate.

However, you will get a range of perspectives because several here don't mind and even brag about losing monthly.

If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.

Keep in mind that strict rules apply, such as avoiding self-dealing, prohibited transactions, and personally benefiting from the property.If you’re not looking to involve your IRA directly in the property purchase, you could explore other creative financing strategies outside of your retirement account.