Increased floating-rate interest payments, coupled with climbing utilities and property taxes, have eroded profit margins and negatively affected debt service coverage ratios.As over $250 billion in multifamily loan debt matures in 2024 alone, owners and investors are bracing for a challenging deleveraging cycle.

Thank you  I'm not expert in Real estate, but from a business perspective, if you sell, you'd have to pay capital gains tax.

Downpayment came from proceeds of a land flip bought at an online tax auction (**********).

Tax Write Offs: There are certain tax benefit to house hacking because you blend benefits of primary residence with rental income.

It's very intuitive and has key functions that I really needed like the ability to quickly categorize transactions into categories that sync with your Schedule E for tax time, the ability to set up accounts for each property and sub accounts for specific things related to each property.

They claim they currently run 61 properties in Phoenix.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

Thanks,Robert Robert,Would either have to look into some kind of a Quit Claim Deed to transfer it into your entity, or just fully refinancing either cash-out if you have any equity, or doing a rate and term refinance where you just transfer the existing debt in the property into your LLC.Payments could go either way, by being a member of the LLC, any rent payments could be linked to you pretty easily.

I have a tax question.

Have you processed a claim with them yet?