Personally I like the A-B neighborhoods, south of the mason dixon line (the winters aren't as harsh), because it's a safer more consistent investment with the rental clientele you're working with and it's almost guarantee'd you'll get every dollar invested back, of course if you buy the right deal.

My wife is a California gal however and the winters would not work.

I assume the LLC will be disregarded for tax purposes and since it is only spouses who are members the transfer can be treated as not being a sale...similar to when I transfer property into/out of our trust for estate purposes.

When we made our winter visit this year, I found that a couple of the TVs had never even been turned on since last year - they were still in guest mode for the times and dates I had programmed last fall.

We are parents to an 11 year old daughter, 2 dogs, and 3 parakeets and love that our house is like an every day enchanted forest.

At different price points in the retail investment market, smaller private investors often pay cash to leverage 1031 tax-deferred exchanges and focus on long-term investments for estate planning purposes.

We are surrounded by state and national forests as well as several ski mountains and golf courses.

Since we are in Maine and we are coming out of the winter season I've been spending time marketing and getting the property booked for the Spring/Summer.

The Garn St Germain Act allows transferring an owner occupied residence into a trust for Estate Planning purposes.

House has solar panels so PGE in non-winter runs at $30 max.My idea originally when I was single was to keep living in this property until it appreciated enough (eg 5 to 10 yrs) to sell it.However, I realized that the air ducts and soundproofing of the top part of house vs bottom part of house makes it such that it's not a great rental as the way I described.