@Rania MutumheHouse hacking means turning a place into a rental space, which calls for fix-ups, planning costs, and expert help.

There are over 20+ enlisted CPAs assisting real estate investors nationwide with their tax planning and entity formation.

We are providing this notice well in advance to allow you ample time to plan for this change.

Start with a plan.

Lending tax-free or tax-deferred using a self-directed retirement plan is a great way to get into the business.

This will be my first time putting a fund together.1) Create Financial Projections, business plan and investor pitch deck.

MY PLAN: My plan was always to refinance the mortgage when rates dropped in the future, so my hope is that my mortgage would eventually come down to around $1,500-1,550 which then makes my numbers closer, as rental prices increase over time.

Looking for efficient ways to hold title while maintaining recommended safety nets as well as any other recommendations regarding LLCs/Trust/estate planning tips.

As for cleaning supplies, I equip the property with a full set of cleaning supplies: vacuum, broom, mop, toilet cleaning brush, scrubbing sponges, and full containers of multi-surface cleaner, floor cleaner, Soft Scrub, and toilet bowl cleaner.

They plan to sublease to professionals like traveling nurses (2-5 months) and short-term families (we're near Disneyland).