Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

Most professionals will recommend a separate LLC for every $1 million in assets, but I don't think that's necessary.

Asking price was 1 million but was by far the best deal we had found in the same price range.

Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.

Whether it's optimizing listings on OTAs, leveraging social media, running targeted ads, or using dynamic pricing tools—I'd love to hear what’s working for you.Some strategies I’ve been exploring include: Enhancing property listings with professional experience photography and compelling descriptions, leveraging Instagram and Facebook ads to attract more direct bookings, and utilizing email marketing to engage past guests.What’s been a game-changer for your vacation rental business?

It is worth approx $1.1 million and I would net approx 500K from selling.

The builders that were building rentals are most assuredly going to switch over to rebuilding the higher profit multi-million dollar homes.

But I have to ask, is this unit attracting this kind of tenant? 

My though process in undercutting the bank by 1 % was to possibly attract qualified buyers.

If it's worth $1.3 million today, it will be worth $3 million or more in 20 years, you'll have paid off the debt (or most of it), you'll earn at least $3 million in cash flow over those 20 years, and you'll have tax benefits.