Required again as of 12/23/24 Appeals Court:"In light of a December 23, 2024, federal Court of Appeals decision, reporting companies, except as indicated below, are once again required to file beneficial ownership information with FinCEN.

They partnered with an experienced realtor who handled most of the contractor coordination while they focused on financing and design decisions..

Youre with WAY too many options and decisions at one gulp.

These rules have increased risks by making it difficult to get rid of poor tenants that pay their rent.

What considerations would be required to address before making a “Yay or Nay” decision to move on an out of state multifamily property.Toughts anyone? 

If you go in that direction, I highly recommend speaking with multiple franchisees from each brand before making a final decision.

Your best bet is to get on the phone, get multiple opinions, multiple quotes, and make decisions on the type of build before pulling the trigger.

I created the following decision tree diagram to illustrate the decision process (click to enlarge).The above decision process is based on the property’s performance record, with the goal of achieving financial freedom in mind.Financial freedom is not just replacing your current income.

@Nicholas Stout Normally when I hear landlords make the conscientious decision to "convert" their properties to Section 8 rentals, they have a real estate problem wrongly diagnosed as property management or tenant issues.

Your equity doesn’t matter in the taxes or decision.