@Victor Yang When gifting a house, the FMV at the time of the gift counts toward your lifetime gift exemption (currently $13.92M per individual in 2025).

In all seriousness, if this is the start of a budding STR business for you, your parents should understand. 

I also reinvest all cashflow back into the business to keep it growing.I started investing in 2021. 

We have built a very similar business here in Austin.

It gives me another exit strategy by having the option to sell off individual properties to retail buyers if needed.

This attempt to drum up business should be in the classifieds section.

- sounds like your friend's PMC pays this way.If W-2, why isn't your business properly insured to cover him?.

As small businesses, securing funding can be a real challenge.

This lender is probably in the residential niche and is trying to get your business for a loan.

@Kenneth Joseph Perfido If you’ve moved to a new state and plan to conduct business there, you generally have two options: register your existing LLC as a foreign LLC in the new state or form a new LLC in the new state.