Taxes won’t come into play until you sell. 

Let's say you make $20,000 in income from that basis, which of course grows tax-free.

Looking to learn from other multifamily investors in Dallas.

To fund additional investments, consider side income, creative financing or creating a timeline with your co-owner for converting property B into a rental to generate cash flow.

Purchase price: $307,000 Cash invested: $118,000 Purchased in January 2021, we successfully renovated this home to create a premier vacation rental property.

I'm considering doing it as an LLC to reduce liability.Thank you

Would the best first step be to find a good STR CPA or to first focus on finding a good cost segregation firm?

I also want to cash out refi. 

When I want to rent out this house, I am thinking of leasing it to an LLC which will have both me and my wife as members and that LLC will be leasing it out to the tenants.

Was just doing a  search on Google and realized I'm on page 6 for the first time in "forever".Not sure if it's due to Google search being that good or lack of effort.When is the last time YOU clicked past first page search results?