The primary motivations for purchasing an LLC that owns the real estate is to avoid the potential of a significant property tax increase and to eliminate conveyance fees.

You just hear the knock it out of the park stories on YouTube and many forums...and of course if you go to a seminar selling you services and consulting and mentoring.Good luck and best wishes.

I'm here because I recognize that I need to get serious about building cash flow and doing something about my tax bill every year.

“Business equity line of credit: Use Real Estate as Equity” up to $500k, interest only. gather your business and personal tax returns, financial statements, articles of incorporation and other legal documents.”Vectra Bank - ColoVeritex, Texas HELOCWAFD Bank.

I talked to a couple vacation rentals that don't really handle the STR and they aren't seeing much enforcement as long as you pay taxes on the income and not causing issues with the neighbors.

The lake's beautiful setting attracts tourists, making it a lucrative spot for STRs, especially during peak tourist seasons.STR operators in Oklahoma generally need to adhere to zoning laws, licensing requirements, and may be subject to taxes such as sales and lodging taxes.

While property taxes are lower than some states in Colorado, homeowners insurance is quite steep.

Reach out to me if you would like more information, and we'll see how much cash we can get back for you to offset your losses and expenditures (100% free to do the study, then they give you the amount of the savings and cost to get that money back, and you then determine if you want to move forward).There's also a FREE webinar discussing this tax strategy tomorrow, Wednesday May 15th, at 10 am PT / 1 pm EST that you may register for here (safe link): https://linda-b251e.gr8.com/Best of luck to you!

Lucy,  I would need to know the numbers to say, and whether this is a cash deal or mortgaged.I had looked at College Station myself, but concluded that it does not pencil out.I own a SF house in an upscale area of McAllen, TX and a quadplex nearby.So far, TX has been my worst market - property taxes just ruin the cash-flow.  

Feel free to DM when you're making the move here and we can connect and get you on a consultation call to hone in what your options would be!