To help you pick the best tax classification, it would be great to know a bit more.

It works great and we've never had any IRS issues.

In either case, you have to pay up to 25% on the 1250 depreciation recapture for any rental property and CG on the portion of the proceeds proportionate to the amount of time it was used as an investment, sooooo...things would be complicated and the savings on the second unit may not work out being that great.

The key to having great financial systems is the setup and systems: If you get everything structured properly up front, you avoid most of the ugly problems many RE investors face later on.I'm not an accountant nor a bookkeeper, but I have great recommendations for both!

It's a great indicator of the success of our investments.Documenting my investment trips was critical for establishing credibility and trust with my audience.

Investors must be strategic, balancing portfolios between rent-controlled and non-rent-controlled properties, focusing on cost efficiency, and staying informed about evolving regulations.

Next, he wanted to check the circuit breaker.When it came time to inspect the indoor unit, I informed him that I needed to ring the doorbell since the unit was tenant-occupied.

I’ve seen a few websites about seminars/training, while google searching but then see reviews that aren’t so great.

River park area is great, around the hospital on the shore is having a moment as well.

Hi Tim,It's great that you're considering real estate investing, especially with your focus on condos in Conway, SC, and Titusville/Melbourne, FL!