While an S-corp may offer tax savings, its possible that those savings would be eaten up by the the admin costs.So many variables here that it really pays to consult with a tax pro.

Your realtor will be able to give you a much more detailed market specific answer but with house hacking and a VA loan it should be possible to get 0 out of pocket.

My strategist explained possible implications could be (1) longer initial vacancy (~60 days), and (2) potential for PM team to not perform well (as there was not yet a proven track record of their work with RTR).After much discussion, we pivoted to a townhouse in Dundee, FL.

Lets say your accountant tries to write off as much as is legally possible when it comes to lowing your taxible income so that your tax burden is less and you pay less taxes.

Part of considering acquiring a property should include additional possibilities.

Plus, keeping things as simple as possible is always a win!

They may be willing to speak about real estate to 50 or so folks, it's great advertising even without a pitch.Yo can get a title examiner or closing agent to talk about what goes on locally and what they can and can't do.

I know that this is a big risk property but I believe that it has the potential for high return if I can get all of this permitting and renovation work figured out on the front end.I'm just looking for any advice on how to cover myself on the front end prior to making an offer and how to expedite the work so that I can get renters in and start recouping on the investment as soon as possible.

Make sure to keep backup documentation for each transaction if possible and transfer the balance when you return.

I want to immerse myself in the real estate investing space as much as possible.