@Marc Zak Using an LLC for each property provides strong liability protection by isolating risks to individual assets, with income and expenses flowing through to your personal taxes on Schedule E.

I'm looking for neighborhood recommendations in the Sarasota area for a short/mid-term single family or townhome investment in the 400k-500k range.

What is your price range/down payment amount? 

If you drew a vendiagram, they would be largely overlapping.What is Conservatorship?

Asking price was 1 million but was by far the best deal we had found in the same price range.

I have many times jumped in the dumpster to get large boxes or furniture out to break it down. 

Now I've sold all my properties in 4 states and of the remaining I self manage in 2 states and have a large property management firm in the other 2 states. 

A revocable living trust is another option for privacy and asset protection.Avoid gifting the property before death, as this would pass the original purchase price as the cost basis, creating a large capital gains tax liability upon sale.If the property is Subject A’s homestead, ensure the correct titling to maintain Florida’s homestead protection for Subject B.This post does not create a CPA-Client relationship.

My name is [Your Name], and I'm a licensed architect with a passion for turning ordinary properties into extraordinary investments.A Bit About Me:Architect & Investor: With over 10 years of architectural experience, I've had the privilege of designing and revitalizing a diverse range of properties—from cozy residential homes to bustling commercial spaces.

Additionally, in the past six months, I’ve reviewed about 45 multifamily properties (ranging from 10 to 80 units) for my real estate private equity firm.