We wait until right before your mailing to order your own personalized, completely fresh list to ensure that your prospects are as current as possible.And, as a mailing house, we've actually found that our prices are more affordable than most list brokers, since selling lists isn't our only form of income.

What will your combined W2 income be after taxes when you get married?

Hey Hemanth, You can structure this on a portfolio loan with partial releases allowed, as long as the portfolio can debt service at 1.00 with the total income and expenses from all properties remaining. 

@Tyler Ferguson It will be a little easier for your taxes and finances if you create a separate account for all of the property's income and expenses including the personal and rental part.

I believe the one that does my tax mentioned using scorp due to our income but i seen its not advised to put real estate under scorp

I am looking for guidance on how to handle the first income property as it relates to getting the loan and LLC formation.

I want to utilize my marketing skills to get into the industry and familiarize myself while making my income.

Can you afford to give up that income that you are netting from the STR?

I've most often seen it with sellers who aren't interested in doing a 1031 and they save some on taxes, earn interest, have a swtream of payments, but no obligation to operations/maintenance. 10 years or less is likely.

Probably has another source of income resulting in them not closing houses and not being immersed in real estate on a day to day basis