@Joseph Bui I definitely would like to pick your brain for that area.

Many, including Scott Trench believe rent vs mortgage payments won't rebalance out for another 12-15 years (based on the last podcast they did...so agents and broker amigos and amigas, don't yell at me, I"m not the only one saying this), so let me ask you this, do you want to live in a house hacking prison for the next 15 years in order to boost your equity position on your way to financial freedom?

Quote from @Joseph Beilke: Everyone here has giving great advice.  

Thanks @Nathan M kiefer.

Quote from @Martin M.: @Edward BarrettIf you sell multiple anything in a given year, cars, properties, boats etc the IRS views that as 'dealing' inventory.

Tim Gordon  unless a broker gets made because you took his listing LOL..if you see on BP Aaron M.. he is a big wholesaler down your way and when you check on him you will see he is licensed.. 

My opinion is irrelevant since I'm not an attorney.Here are some old threads and a blog post worth reading:https://www.biggerpockets.com/forums/109/topics/1200723-llc-...https://www.biggerpockets.com/blog/purchasing-property-llc-w...https://www.biggerpockets.com/forums/530/topics/887030-llc-m... 

Triad consists of 3 cities Greensboro, High Point, and Winston-Salem.This area has seen tremendous growth in the past few years and I can see a lot of out-of-state investors investing in this area.Here you can still get a nice 3 bed/2 bath new construction or SFH built after 2020 for the 270-300k range and expect to get it rented for LTR for at least 1800-2300/m. 

Quote from @Joseph Chiofalo: Hi Matt, When did you purchase the property? 

@N M Clarke, i would suggest speaking to someone in the assessors office to better understand why such a large change was made.