It seems that if my parents transfer the property to a LLC in which each owns a 50% interest, the default federal tax classification would be a partnership if we do not live in a community property state and the property is not located in a community property state?

Hi Alyssa, Welcome to the community- There are a lot of good professionals and resources here on bigger pockets to learn and grow. 

But let's connect and share any knowledge about starting out!

A growing population indicates a healthy real estate market with potential for appreciation.2) Waterfront Properties: Cape Coral is a waterfront community with over 400 miles of navigable canals.

I'd be happy to share a map with you. 

What has the HOA shared about the humming sound? 

Thank you very much for sharing this

That way you know they are active in the BP community!

I appreciate you sharing your knowledge

With a strong passion for the industry, I am eager to connect with like-minded individuals who share my enthusiasm for real estate investment opportunities.My brother and I have been actively investing in real estate since 2010.