For estate planning, transfer the LLC into a revocable living trust to protect assets and ensure they pass to your children without probate.SMLLC doesn't change your taxes for the long term rental.

 🙌 What are you most looking to get out of BPCON 2024Chichen Itza, talum, pink lakes, Izamal.  

Low property taxes, landlord friendly, weather is reasonable, close to Lake Tahoe and lots of enjoyable areas in CA, strong appreciation, strong rents, population growth, diversified job growth, limited land allows for significant appreciation outlook over time. 

It's big enough that I could also add camping/RV/tiny home STR options in different areas (20+ acres with a lake and a pool).

It wont buy me a lake house or a beach house but it does allow me to focus just on buying houses without an outside job taking my time away from what I like. 

Our goal is to get a short-term on a lake.

Look at Lake county   not the east side of the lake but the west side..

Purchase price: $312,000 Cash invested: $52,000 High-demand neighborhood in Lake Nokomis in Minneapolis.

Dave Del Gotto, Tony Hoffman, Tom Vu and of course Carlton Sheets dominate the after midnight VHS stations and secondary cable stations1996 - First professional seminar company out of Salt Lake City enters the field hiring a professional actor to front as the guru.  

Here in Idaho, there are many lake front homes that get their water directly from the lake.