.- Explore strategies like 1031 exchanges to defer capital gains taxes.Deductions and Expenses- Know eligible deductions: mortgage interest, property taxes, insurance, maintenance, and management fees.- Maintain detailed records of all real estate-related expenses.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.

You will usually get mailers from attorneys that do this yearly they will take a fee based on your savings. 

I like the rent option in this case, but I would likely look to add an additional camper pad on the land that I could rent either short or long term.

You're asking for the bank for a "freebie" at their expense, which is really at everybody else's expense because the banks make up for their losses by raising fees and interest rates.Is your parent's home large enough so that they can rent out a room to somebody?

-No clunky remote with 50+ buttons that hasn't been redesigned since 2003 that guests need in addition to 1-2 other remotes to perform basic functions.

The closing costs and fees seem very high.

I think NC is one of the few that negotiate due diligence money to seller in addition to earnest money deposit. 

Would be happy to connect and answer any additional questions you might have along the way!

Late fee is charged on the 5th.

In addition to furnishings, t will need work (such as new countertops) to meet my vision for upscale couples retreat.