Let me know if investing in these markets could be in your investment strategy in the next 30/60/90 days, or if you're targeting 3rd-4th Quarter for breaking into new markets or deepening your portfolio in these markets for SFHs and MFHs, Residential, Commercial and Mixed Use Portfolios. 

LLC creation for rental properties is purely a liability protection strategy. 

The results they produce will be used by your accountant when you file, but with that strategy you know it was done correctly and with the lens of your greatest benefit.

I'd love to connect if anyone is following this strategy in the Temple/Belton area.

This would be the most work for me but I know where to go and putting in the leg work to get sturdy, luxury cabinets and finishes at auction and discount will be a big part of the strategy.

However, a STR is not considered a rental activity (section 469 of IRS code) if your rent it 7 days or less on average customer use and therefore not passive for tax purposes. 

Hi Russell what's your changing business strategy after this especially when you are the buyer agent/broker ?

That's a giant red flag for that grocer potentially declining to renew their lease, vegan gluten free customers don't want to walk through a cloud of cigarette smoke to get to their ethically sourced non-GMO organic avocado, and obviously the "no smoking within 50 feet" sign is going to be ignored by the customers of that neighboring business, who are all a bunch of smokers.

Nick,I recommend "Certified Tax Coaches" and "Certified Tax Planners".Do an internet search for those designations "near me".They have tax-saving strategies that most tax preparers have never even heard of.PLUS they specialize in real estate.Good Luck!

Customers with good credit end up paying more when they use a "Broker" or Lender who are simply the "middle men".The other thing is there are new programs that only require 15% down for 2-4 units and almost all lenders and brokers require 20% to 25% or more for 2-4 unit multifamily investment purchases.