You know it should cost more to have S-Corp because of the extra filings/reporting...What are you doing???? 

This debt type would throw economic projections for economists and increase the risk of lending for lenders.Phantom Debt is created when a consumer chooses the Buy Now Pay Later (payment plan) option when making online purchases.These types of payments are not currently reported to any credit agencies as debt which is why they have been given the term "phantom."

Based LLC: This LLC will likely be a holding company for your investments in Paraguay.

"(11) To refuse to rent to a tenant solely because of an adverse credit report or lack of credit history without reference to additional information provided pursuant to Section 38-105(e).

While a personal account is acceptable, setting up a separate account specifically for rental income can make bookkeeping and tax reporting easier.Regardless of the payment method, always provide tenants with receipts for their rent payments.Keep detailed records of all rental income and expenses for tax purposes.Consider implementing a consistent rent collection policy to avoid confusion and ensure timely payments.Be aware of local laws and regulations regarding rental properties and rent collection in your area.

It seems like everyone focuses on choosing certain states based on rental laws and fees and fails to mention the the primary LLC should be in the state where the property is- in which case the the other state options are not helpful.The wyoming legal office did offer to set up a parent company under which my other LLCs be owned-- which I understand that concept.Thanks again!

Hey Amy,you can take a look at the Milken Institute Report to see what are the best-performing cities 2024 in usahttps://milkeninstitute.org/sites/default/files/2024-02/Best...

If you want to deduct money for cleaning, hire a cleaning company (which I know you said you don't want to do). 

This way the 250k I borrow from them won't be shown on my credit report, I can get a VA home loan for another 250k, buy our foreverhome for 500k, sell the townhome once moved for 400k, then pay off the personal investor loan for 250k + interest.

Remember that if you deny (or don't choose them) based on the credit report findings, you are obligated to fill out a form notifying them.