I also read that it will be eliminated starting 1/1/2025.c) Can anyone be a "statutory agent"?

Hi,I just started reading some books on real estate investing and wondering about the pros and cons of having a LLC for rental/investment property.

**Implementation** - Start working on your plan immediately

Was a great way to get started and I learned hands-on.

How you'll manage multiple properties from abroadTax Implications:Consult with a tax professional who understands both U.S. and European tax laws to ensure you're structuring your investments in the most tax-efficient manner possible.Diversification:While focusing on new construction 4/2 homes is a good start, consider diversifying your portfolio as you acquire more properties.

I wish I had started my journey with a househack.

All this said, I GOT STARTED!

Hi Irie,I'll start off by saying I am not an attorney or CPA but here's what I do - if my property is in an LLC, I have a separate bank account setup with it's own EIN and pay everything, including housekeepers out of that account.

Anyone interested in starting a meet up / MasterMind in this area?

I've researched them and plan to start using them in my beach market STR soon as I begin to replace needed items.