You do need to be careful these days about what's said in the letter, and leave HUD's protected classes out of it.

BUT, unscrupulous property owners are out there and tenants should be smart and document the condition to protect themselves.

If you are selling a triplex, 2 of the 3 units are investment property so they would not be protected from capital gain taxes.

My question is, with the longer term rentals now being handled by me, what steps should I take to protect myself?

How do you legally protect yourself or partners.

I've posted on this many times before and I can find them if you want, but basically in my layman's point of view this is bad.The lender has no duty to my knowledge to protect your corporate veil. 

I have been a professional baseball player ever since I was drafted out of high school so all my attention has gone there but I'm ready to dive in the game. 

I would continue to cover the expense of the pool cleaning service to protect my asset as my pool was just remodeled in 2019. 

But, you need to satisfy both in the exchange to protect everything, otherwise you just pay some tax on what is called the "boot."

I had a few questions I’m having trouble figuring out that I would really appreciate any insight on.1)how do I structure this in a way that I am protected(assuming an LLC would do this) but I can also help my personal credit2)how would you go about getting a loan to move while giving time to look for a renter as we’re on a tight budgetThank you for any advice anyone can provide in advance!