We must also monitor regulatory changes, tax policies, zoning regulations, and environmental standards that may affect property values, development opportunities, and operational costs.

Hi Kiley, the first thing you need to do is ensure you are paying taxes on your rental income - you’ll need 2 years if you want a conventional loan.

Taxes are an issue as well. 

I provided email communications between the client & myself, screenshots of the prior 3 years hosting, screenshots of the Domain Registration in the clients name, & the website being online.  15 days later, they pulled the funds, 30 days later, they closed the investigation. 

Research places with low property tax.

NV is a good state to invest because of the landlord friendly laws and low property taxes.

If the dynamic had been as simple as "you need an LLC" I would have gotten one for them, in fact Renovo pre-approved me but did require an LLC prior to closing, in Illinois can be done on line and I think it a 10min form to complete, $150 fee to expedite and I had my Articles of Incorporation the next day. 

So I said its probably best to just pay the tax.If an investor overpay a ton, just to save on taxes, most likely they'll be inflicting significant financial damage to their portfolio… it’s probably best to opt out and pay the tax.1031s aren't structured in a way that makes someone "overpay" - it mainly comes down to poor planning which puts them in that situationNever let the tax tail wag the dog!

Act, possible tax evasion and so on.

I'm looking to connect with experienced investors, realtors specializing in investor purchases, and reliable property management companies.I'm also open to discussing neighborhoods and real estate tax strategies.Let's chat!