The other is pay your mortgage out of your business checking and at the end of the year when you file you can use your schedule E or list is on your 1120/LLC returns either way you get great deductions. 

The book title gave me the impression it was designed to attract attention and sell a book that could probably e explained in a pamphlet.

Hi @Heather E Ingersoll!

To my understanding (having had some conversations with underwriters from several different companies)  there is nothing different between the coverage offered by Proper, Foremost, CBIZ, Allstate, Progressive, Travelers, American National, Liberty Mutual, Pure, or any of the other insurance carriers.... in fact the underwriters, E-suite, and actuaries from all of the companies hop between one another every few years.

BUT if one is an S-corp you do have IRS tax implicatioons.IFF both LLCs are pass through, then answers to your qs are; nonthing happens since both LLCs pass through to your 1040's sched E as if nothing happened. 

Hi All, looking for some advice here.If I have a property that I lived in as my primary residence for part of the year (let's say 180 days) and was never previously a rental, and then I convert it into a rental property half way through the year, do I have 180 days of "Personal Use Days" on Schedule E or 0 days of "Personal Use Days".

They get a great stable steady investment that diversifies from stocks and the like that they dont need to worry about.

My banker works with an e-mail when I request money and he puts the money in my checking account (released so I can spend it that day) and the LOC becomes active.

Stable STR restrictions and very viable opportunities here!

I am now in the phase of educating myself and reading books and joined this forum to gain knowledge before I invest in real estate.My question to you guys today, is I found a property for foreclosure at this address 1811 E Lakeview, Benton AR.