@Eran Withana I use Toms company Provision for my taxes and they are worth every penny.

It's important to comply with all legal requirements and stay updated on any changes.Remember, it's always a good idea to consult with a professional, such as a real estate attorney or property management company, to ensure you're taking all necessary steps and complying with local regulations.

With the new Business Owner/Investor continues to pay the Mortgage with a service company so payments Principal and Interest go to the Bank as scheduled per the original MortageHow can the new buyer do a wrap (#subject to) with the #first #lien for the underlying mortgage where as the Seller equity is in the second position?

Hi Megan,You can structure an LLC with an operating agreement and outline the share of ownership of the company.

@Ricky Rodriguez  This is an in-depth response, but I have in-depth experience on this, so here goes...I’ve house hacked numerous properties (and also done BRRRR’s, STRs, ADUs, and pretty much every other residential REI strategy), and I can say from experience that house hacking is the BEST strategy for new investors getting started (check out my other forum posts about what makes house hacking such a good strategy).As I’ve said many times before, house hacking is generally easier than the more advanced REI strategies (like BRRRR’ing, STRs, flips, etc.), but that doesn’t mean house hacking is necessarily easy.

@JT ThomsonEncourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Our current portfolio:-Florida SFH: Mortgage (includes HOA and PM company) = $2100.

I had some problems with the management company not advertising promotions at all and likely over-screening potential tenants.

I’m hoping to do something similar and would rely completely on a fantastic property management company. 

Hello, if I sell an LLC holding real property to a homestead buyer, can I use commercial loan terms on this (business/holding company) sale?