Estate Planning and Wealth Transfer: If you're building a portfolio to pass down to your family, life insurance ensured your heirs inherit your properties without the burden of estate taxes or forced sales to cover expenses. 3.

However, you can claim a tax credit on your California return for taxes paid to Oregon, mitigating double taxation.If you only plan to own this one property, consider using umbrella insurance as an alternative to an LLC.

There are a plenty of resources that can provide valuable insights into various strategies for investing in real estate, as well as tips for market analysis and financial planning.

The plan is to make it a cash flowing HipCamp.

I am planning to get my license as soon as I turn 18 and I was wondering if there is any way I can get involved in real estate while being under 18 and with no license but I also want to get paid?

Are you planning on eventually selling them as condos?

Excel based deal calculator - to plug in details of a potential agreement and see the ROIs 2.) business plans - I have been searching and see so many options for business plans but aren't specific to real estate investing - is there an effective one that I can use to apply to my business?

I do condo plans as part of my W2, and these SF calculations can vary based on the coord with the attorney and owner as far as how the association is originally set up in its budgeting for dues.

Quote from @Ian Hutton: Quote from @Jay Hurst: Quote from @Ian Hutton: Hey everyone thanks for the feedback, I did forget to mention I plan on buying more properties (which is why I’d like to reduce my debt) let me know if that changes any answers, but sounds like paying off the 88k 6.4% interest is the way to go  If you plan on buying new properties do not pay off any debt.

It's not worth it if the local ordinances don't support your plan.