But I needed a lot of tax savings that year.

If there is a problem that you think I can help solve, feel free to reach out.

You do have to pay a fee for this, but if you have any questions on how to do it, feel free to reach out! 

., Come with facts, evidence.SEO for example, get the best possible quality leads and it is free... but it takes time.Paid marketing gets you ..

My preferred markets are in Iowa (Des Moines, Cedar Rapids), and Minnesota (Fargo, or Minneapolis/Suburbs) if either of these markets are of interest to you feel free to send me a dm!

I bet you're getting a lot of hands-on experience with those.Feel free to ask any questions you have about investing or share your experiences as you start your journey.

This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.

Feel free to reach out with any other questions! 

I specialize in STR'S Feel free to connect and I can cover in more detail. 

Vacant Land – Most land transactions are great for owner financing Tax Default – Usually means property is too much for the owner to handle and will often discuss other options like selling if we take the problem off their hands.