However, you can still find real estate markets that have both positive cash flow (aka hitting the 1% rule) and strong appreciation potential. 

Your GC will know how to apply for the correct permits.Avoiding the issues in the future is a function of respecting the permitting process in the first place.  

Condo: Condos may offer maintenance benefits, while homes provide more control.Size and Layout: Ensure the property accommodates your child’s needs and potential roommates.HOA Fees and Rules: If considering a condo, check for restrictions that may impact student living.4.

Though many investors bend the rules and possibly don't get caught, you have the financial situation to do it correctly.

Courses and webinars are great if you're getting basic information to help start you off, but you'll never truly retain the information if you don't apply it.

I see what you're saying about the 2% rule. 

Hi guys, I have some questions about putting property into LLCs/protecting assets, any information is greatly appreciated: Question 1: my understanding is that an LLC needs to be actively conducting business in its registered state in order for the LLC protections to apply, otherwise a judge could potentially pierce the corporate veil.

You will be obligated to modify your home insurance once you leave, regardless of whether you self-manage or not and this would apply to Scenario 2 as well - for any property you don't occupy yourself.3. 

This applies regardless of the type of deduction you choose to take for the vehicle.If section 179 doesn't work in your situation, there is bonus depreciation, which allows for a deduction of up to about $20k of the value of the vehicle for 2024. 

Dodging Toy Shop RulesIf you run a shop (have a license), you’ve got rules.