She filed our STR on Schedule E, and we owed $7000 to the IRS, because the rental income was added to our W-2 income, which was over $150,000.

At first everything seemed fine and professional.Then he got up, and to my horror, the man wasn't even wearing pants.C'mon guys......We really making hate posts about PM's when a low income tenant trashes a unit?

The online form is letting me enter my Florida mailing address but says the registered agent must reside there. dont have a mailbox there, or should I just have the mail forward to me in florida?

If the rents end up being taxable in the organization, they'll actually be subject to maximum income tax rates very quickly - much faster than if you just did this personally.There are groups now starting with "socially responsible" investing - effectively a standard partnership/syndicate that is "investing for good" - that would likely be a better structure to avoid 501(c)(3) headaches in a for profit venture.  

Putting together a solid team will reduce risks and expedite your investing process.Establish Specific Goals: Whether your goal is to increase your wealth through real estate, attain financial independence, or generate passive income, clearly define your investing objectives.

My recommendation if you choose to invest out of state is to choose cities in safe and economically diversified areas with above-average income and population growth.

Foreigner investors can either pay a flat tax of 30% of their gross rental income or elect to file an annual US tax return and reduce their taxes by claiming deductions relating to ownership and managing the property.

There are countless blogs, forums, and online communities where experts and enthusiasts freely share their knowledge and experiences.

If I recall, the investor had a high-paying W2 job, lived very modestly, and put a lot of her disposable income into buying and renovating properties for a sustained amount of time.

Addressing the LTR concern: both counties have used grants to boost low-income housing (in the form of apartments that prohibit STRs) rather than imposing broad restrictions.