I still go to court because at a trial, someone needs to testify on the landlord side, and an attorney cannot do that. 

I agree - it's a smart way to get into real estate—especially if you want to save on living costs and start building wealth.

The ability to use leverage and reduce taxes in your highest earning years without having to put money into qualified retirement accounts is a great way to build wealth.So - If you own an STR:1.

Came back so excited from BPCON to really get going w/BRRRR and fix/flip.

This allows us to consider the real estate cycle and determine the optimal timing to sell.

@Becky Hoffman If one member of the LLC does not care to have any claim to the property as you describe why can't the partner merely be removed from the LLC.

I would assume that you'd just simply sell each individual lot to the developer at a set lot price such that your cost to purchase the raw land and improve it to buildable lots was worth the proposed profit per lot.  

Check with your CPA if you instantly owe the depreciation recapture if you gift it to your son.

Excited to see what happens during other states legislative sessions this year.     

I feel like everyone now days wants to house hack.