Work with a knowledgeable SDIRA custodian to ensure compliance with regulation.This post does not create a CPA-Client relationship.

Hey Tyler we hate to hear that your experience was negative sincerely we would have hoped that we could have come to a resolution we know that you and your partner had made a request that we do $800 of work that was unfortunately not in your scope of work at the time we had exhausted $4900 in additional work to ensure the property was to satisfaction which included a new hood range upgraded lvp flooring additional framing  new window and a paint upgrade from a single color format to a multi color format and can lighting all of which was never in the original scope and unfortunately when we requested that we do the work you declined I’ve attached before and after videos of the home for reference https://www.dropbox.com/scl/fi/h0ddll4cyp5g5gq12o73s/Video-J... always twos sides to these stories.. 

Keep detailed records of repairs, improvements, and rental income, and consider working with a CPA specializing in real estate to ensure you're taking full advantage of deductions and strategies like passive losses, home office deductions, or even the Qualified Business Income deduction if applicable.Good luck!

This is ideal for those taking their first steps in Spain or needing to establish a presence without having a physical office.If the goal is to link an SL with a holding or manage dividends, then yes, it’s essential to ensure the legal structure is well-defined and compliant with the relevant regulations.

While you work on that, you could also explore creative financing options like DSCR loans or partnerships to fast-track your first STR.

I'd get very creative with it, and when people are saying "your nuts" I'd know I'm in the right zone of things. 

This could mean either spending at least 500 hours actively involved in the property or ensuring your involvement exceeds that of anyone else, such as a property manager.

While no property is too big or too small for a cost segregation study, it’s important to speak with your accountant to ensure the benefits outweigh the cost of the study.

First thing I'd look is the zoning for that property to ensure ADU/multifamily is even possible.

Hello everyone,Imagine this topic would get more engagement in a Creative Financing space.