Translating passive real estate losses into active ones can be good for a while, but then you have the active gains on exit at the end.

Paying all cash usually means high risk, high rewards if handled properly. 

You know, like you just need a sledgehammer, a cute demo day outfit, and a dramatic reveal at the end.

Highly support the cause Gustavo!!!  

You minimize your risk of being over leveraged, and barely making ends meet with the rental income. 

However, the terms of the current lease will remain the same (rent amount, fees, end date of lease..,) The realtor suggested to get a new lease from me everything the same but now month to month.

Taxes are also paid up, however the place is vacant now and the grass is 2 feet high.

Since LLCs don't do much (perhaps some wealth transfer within the OA or rules of the road with multiple members), they might not be worth it in high-fee states such as CA, MA and others.

Is this what you ended up doing?

Hi everyone, Quick background, I'm a real estate investor with a high paying W2 job and credit score around 780.