Rentals generate passive income, so an S-Corp offers no added tax benefit.

It will familiarize you with the basic terminology and benefits.

When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.

Which essentially means you only put down 2.5% down on multi-unit.

Understanding the preferences of the Hamptons luxury market is essential.

Based on my experience managing a significant number of rentals, leasing back to a seller can work, but it’s essential to approach it carefully.Lease Start Date:The lease should be signed at closing and start on the same day—Monday in your case.

Your property definitely has the potential to benefit from a cost segregation study.

They’ll be essential in helping you navigate challenges and scale efficiently.Since you’re planning for 2025, now’s a great time to start networking, analyzing deals, and learning about financing options (especially if you're a first time flipper..). 

Building a strong team is essential for success, and we’re here to help.

There's always more to learn and building a network is essential to growth and success.