Get a house over a condo if you can.I've been looking at a beach house to rent in Myrtle Beach and they are pricely and calenders look pretty full.

However, you would have to make sure that you have been living on your current primary house for at least a year before acquiring your next primary purchase.

We have an LLC set up for the condo and we have an banking account for that LLC. 

Those offers never came, one was supposed to be from an affordable housing nonprofit that had access to 4.5% financing, but they put us on ice for a few months while we waited for their slow board aproval process, and then they had some sort of organizational staffing shakeup and recently told us they couldnt put an offer in.

It was my understanding the one had enough cash set aside for the rent.

You knew this going in and you still decided to buy this house.

How should I set up my business structure so that income from my rentals doesn’t increase my personal income reported to the IRS?

It's set to open in 2026 - I think that will be big for that area and short-term rentals.

I have two houses both with VA loans.

That was enough to set off my warning sensor.