🤔Let's explore this idea together...💰 The Cash Flow ConnectionThink about it - both investments are essentially money-making machines.

It has cost many people including myself a lot of unnecessary money and still is because you deal with the tax portion of opening unnecessary LLCs recommended by supposed professionals. 

Hi Tio, I don't think hiring a professional designer is wise as it will cut into your margins and sounds like you have a tight budget. 

House hack is not practical for everyone but worth exploring

Since rental losses are typically passive, the best way to offset W-2 income is through Real Estate Professional Status (REPS) (750+ hours) or Short-Term Rentals (STRs) (100+ hours and more time than anyone else managing the property), which allow real estate losses, including depreciation, to offset active income.A cost segregation study accelerates depreciation, generating large upfront deductions.

The basic answer to your question is likely yes because I believe anyone who inherits an IRA can roll it over and what you are talking about is a valid way to roll an IRA over I believe but get advice from a professional on this one before taking action.

It’s worth reaching out to your local tax office to explore options.

Financing OptionsParent Loan Options: Consider home equity loans, investment property mortgages, or co-signing a loan.Tax Implications: Speak with a financial advisor about potential deductions and capital gains.Rental Income Potential: Explore the option of renting out extra rooms to offset costs.5.

City Hall want to keep small town small, does nothing to promote town Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Utilizing the many resources to analyze deals and help find investor friendly professionals in your area has helped me tremendously.