(not counting the state LLC cost) I am not going to respond to your SDIRA/LLC consulting service unless you are a lawyer or can quote me a cost. 

There entitlement stays on the property all the same but it's cleaner because you don't have to worry about due on sale or managing the sellers insurance, power of attorney, etc.

G’Day BP folks,A fellow Toledo investor started a Facebook group revealing all local scammers.Mostly contractors.10+ years of investing in Toledo and stopped counting at $1m in losses.It’s just the nature of the beast and the cost of doing business in my eyes.Unfortunately, Toledo is notorious for bad operators and poor quality of workmanship in many industries.Maybe this group will help you not loose the same amount of cheese that I did $$$You’re welcome 😇 https://facebook.com/groups/786864700099337/

Because of material participation (I self-manage)/bonus depreciation/cost seg, we’ve been able to get all of our taxes back both years so far.We cannot keep going the way we have for two years, so that’s not an option.

It’s my understanding it’s very hard to meet reps status working a w2Also I believe once you get above $150k basically you lose any benefits of reps status I think I will be able to qualify for the STR re status if I run the cost segregation when I purchase the house. 

I would want to keep extra for reserves along with contingencies, plus if anyone in the area has stored away the 10,000 for a cost segregation details on that would be helpful too.

The challenge I am running into is that there is a power line right behind the garage.

I am married to a successful interior designer who serves luxury clients but can work with me to make rental properties look great for half the cost with her knowledge of what makes the most impact.

This approach can be a powerful tool in your real estate investing toolkit, offering opportunities to maximize returns while creating mutually beneficial deals for both you and the seller.Some books I recommend are:"Investing in Real Estate with Lease Options and Subject-to Deals" by Wendy Patton"Seller Financing and Real Estate Notes in the Dodd-Frank Era" by Dawn Rickabaugh"The Book on Investing in Real Estate with No (and Low) Money Down" by Brandon Turner and David Greene

@Kevin DuongShort-Stay Rentals (STR) can bring in a lot of cash but also come with high costs for when guests come and go and tough rules.