I provided gel bait, then exterminator.

However, you can file Form 8832 (Entity Classification Election) to change the LLC’s status to a disregarded entity, provided you act promptly.If you don’t make the election, you’ll need to file Form 1065 by March 15, 2025, adding complexity but retaining the same tax benefits, such as deductions for depreciation and repairs.

If anyone can point me in the right direction for this math, I will see if I can get it built into this dashboard.Thank you to any who can provide guidance, insight or want to collaborate. 

I have not taken the course and will not offer an opinion on it but provide my 2 cents on any type of "guru" training.

NC usually provides better cash flow and Phoenix is characterized for stronger appreciation than NC.

Do you need to provide proof of funds at the bid or are the actual funds due at the time you win bid?

I will be honest and let you know that your agent should be sending you personalized deal flow and providing numbers on why they think it's a great deal.

Just because a real estate methodology, specialization, property type, etc. can be profitable doesn't mean it's right for you.I did meet two people, but only two people in my 45 years in real estate who were "right" for being a "bottom of the barrel housing provider" (slumlord).  

Is it right that short term rentals are considered as licensing the property for use (similar to a hotel) and not a lease for a long term rental and therefore do not require a brokerage license to provide management services that include price adjustments? 

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.