I am good at research, poor on decision making.

While this is a business and it may be a sound business decision I feel like we are starting to set a precedent. 

Some people are stuck in their own routines and limitation and are unwilling to take on a new decision or responsibility. 

I've been told that a home warranty is a smart decision for landlording.

The only decision you can make is when to get in and when to get out.

@Theresa Harris I have already made the decision to rent it out, what I am asking is should I sell it in 2024, before I get to the 5 year ownership mark to take advantage of the tax free profit per IRS Publication 523, or should I hang on to it Long term?

They are used to helping buyers of owner-occupied homes make an emotional decision.

Hi BP team,
I’ve been trolling the forum for years and just closed on my first rental property in Philly, a triplex.Close date was 4/15 and no lie, the last 45 days have aged me with stress and anxiety(I’m 27).
I pu...

@Dean VelodotaThis arrangement sounds complicated.An LLC is an entity that is meant to hold business assets.A house-hack is normally an asset that is partially business and partially personal.I don't agree 100% that you can write off the expenses towards your side because that would mean you are attempting to deduct items that are personal in nature.Good luck with whatever decision you decide to report it for tax purposes.

Congrats though, you made a great decision buying it.