Assuming there is no C or S corp election in effect for the LLC, then real estate held in the LLC can receive a step up in basis just as real estate held outright can.

Louis may not experience rapid appreciation like some coastal cities, it has shown consistent and steady growth, which is favorable for long-term investments.Diversification: Investing in a different market can diversify your real estate portfolio, reducing risk.Considerations:Neighborhood Research: Research neighborhoods thoroughly.

Hi everyone, a close friend and I are partnering up to get into real estate investing.

Quote from @Brenden Evans: Hello, I am a 21 year old real estate investor out of Los Angeles California.

Real estate sales have kind become slow this year.

He outlined to me at a real estate meetup all of the above information.

I guess we'd have to if someone actually had a real ESA cat with proper paperwork, but so far, it's been the ones trying to force us to allow their cat, and they've been ruled out for other qualification issues.

Anyway, the real purpose of this post is to share some learnings from this recent sell.  

@Paul Harris,Congratulations on starting your real estate adventure!  

Hello everyone,I am a newbie real estate investor based in Toronto.