If you partnered with someone other than your spouse then yes, LLC was a good idea, since you now have a partnership.

Let’s turn ideas into action!

Are you interested in S8 because of a personal reason or you think it's the next "hot" investment idea?

Okay, I have not heard of this strategy but I had an idea.

We wouldn't plan to sell the property anytime soon so I would think we could avoid the capital gains with it becoming our primary residence.Can you please elaborate on the partner idea? 

I’m currently active on BiggerPockets to connect with like-minded investors, exchange ideas, explore potential opportunities, and provide opportunities through my network to collaborate with others.

I was curious to learn more and liked the idea of niche diversification outside of my current active real estate business.

I think the idea of starting fresh financially, as soon as possible, would eliminate a lot of stress.

Also, qualitative ideas would be welcome just conceptually what we should do. 

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