Additionally, your brother would inherit your cost basis in the property, which could result in significant capital gains tax if he sells the property later.

additional challenges are the inventory shortage and good contractors being extremely busy. 

Additionally, Mr.

After six months of STR performance, transition to a DSCR loan or portfolio lender refi for better terms.2. 

So, many people choose to operate in their own personal name but buy an additional umbrella policy to protect themselves from liability.

Any additional will be refunded a few weeks after the auction. 

Please, those who have already done wholesale, answer whether the chain of actions that WHOLESALER should perform is correct or not, maybe there is no need to do some steps or actions at all, please explain me those who have already done wholesale, thank you very much.

In addition I heard that is better having one LLC for each property and one for management only.

The hard money 10% plus additional thousands in closing costs was too much to swallow. 

I’d recommend a consultation with an attorney specializing in these, in addition to an accountant.