Seeking financial freedom and a good future for me and mine. 

If I didn't find a fund I liked I would look to build a team of professionals that were intimately familiar with how opportunity funds work.In a nutshell, you can pay zero Capital gains taxes if you invest the funds properly. 

Also, I highly recommend having professional photo's taken of the interior and exterior once your reno is done  - it will really drive traffic to the listing.

I am currently seeking new investors if you need a licensed contractor in the area.

I'm diving into real estate wholesaling here in Utah and I'm seeking to build my network with wholesalers in the Ogden area.

It may lend you a little privacy, but folks who want to find you will just look up who created the LLC and then find you.That being said, in MO, they are incredibly easy to set up, and are not that expensive to establish (~$50 last I checked, although that may have gone up) and doesn't require any input from an attorney or tax professional (in my state)Personally, I have an LLC bc I pay myself through an S-Corporation as a realtor...the savings come out in the wash, but it allows me to pay taxes quarterly and avoid end of the year surprises.Another reason you may need an LLC is if you are investing with partners, and/or seeking certain loan types ( I know hard money lenders often require an LLC)Once again, this isn't my wheelhouse, so at the end of the day, I would reach out to a tax professional to learn moreLong answer short: in my opinion, you do not need an LLC if your plan only involves renting out your inherited home

Great to see other young aspiring real estate professionals.

Typically, it's applicable to certain types of property, and the rules can change.Regarding short-term rentals and bonus depreciation, the Tax Cuts and Jobs Act (TCJA) introduced favorable changes for businesses, including bonus depreciation for certain qualified property, but the specifics can depend on your situation.Using your property for short-term rentals may affect your ability to qualify for certain tax benefits, and the classification of your property (personal residence, rental property, business property, etc.) can impact the tax treatment.The IRS has guidelines regarding the depreciation of rental property, and bonus depreciation may not always be applicable to residential rental property.Additionally, if you decide to switch the use of your property (from short-term rental to long-term or mid-term rental), there could be implications for tax treatment.Given the complexity of tax laws and the potential impact on your specific situation, it is strongly recommended that you seek advice from a qualified tax professional.

Establish your Core 4 to Real Estate Investing.Building a strong team of professionals helps you navigate unfamiliar territory and maximize your investment journey.

You are the professional in finding comps now.- Why do you have an LLC?