Transfer Fees or Property Tax Reassessment Some states impose a transfer tax or reset the property tax basis when property ownership is moved into an LLC.

In my opinion, even if you partner with a local PM company or turnkey operator your returns will drop significantly.

Would you be willing to explore the possibility of investing out of state?

(The property is fully paid off).It was bought for 35k about 40 years ago.selling Price-$150kDeposit-20kMonthly Payment to seller-$1438 Property worth-185kMy questions:Should I have the deeds, title etc of the house in my name or company name I have just formed?

Also, these platforms do not provide all the available leads which are available from the county records department within each county for each state.

I’ve been in the real estate game for a while, and as the CFO of [Your Company Name], I usually stick to what we know best: developing and managing Class B multifamily projects—20-50 unit properties in rural southeast US, like Georgia or Alabama.

California does not recognize real estate professional status but they do recognize a STR being treated as active.However, be mindful that California does not recognize bonus depreciation so your federal benefit will be higher than the state.

There is such a shortage that state government is giving tax breaks to developers to build more multiplexes As far as specific towns I'd say Nashua, Concord, Manchester, Durham (where UNH is), Dover (right next to Durham), Portsmouth, Seabrook, Salem, Exeter and Hampton.I chose Dover because its a mix of students from UNH and young professionals. 

You are buying into a business to pass down to future generations, not to mention a vacation home or retirement plan.When I talk about my investments I don’t talk about a 4 unit ugly building in (insert boring/cheap state in the US).I talk about Europe!

Do you own your own construction company?