Often, you can negotiate purchasing the note in addition to the property if it is a local or regional lender.

Separating Y and taxing it as an S Corp could be beneficial if you're looking to take advantage of those tax savings, but only if Y's profits justify the additional administrative burden.Rental Agreement for Home Office:Yes, you can lease your home office space to your LLCs, but it’s crucial to keep everything documented and ensure the rent charged is fair market value.

I've always been curious on this one as I run into a ton of folks that did taxes incorrectly on turbotax/h&R/etc...and for the question, I think reaching out to a local CPA or to Michael above and just paying for it may be far easier than trying to deal with the IRS yourself.

I am originally from Huntsville, and it’s definitely becoming a hot market to invest in.If you ever are in need of an investor friendly agent, @Steve Stinson is wonderful.

@Frank Jakubiec conduct some research and build relationships with local small banks who offer construction financing.

I'm with InvestorFuse (which people say actually flows similar to Follow up boss but is more specific to off market investors).

So if appreciation is +2.5% then the market just paid for my PPP.

Are you planning to invest in out-of-state properties, or are you focusing on local opportunities?

The real test comes when the unexpected happens: market shifts, economic downturns, or unforeseen challenges.

I've been looking into it recently and checking several options, talking to some locals and expats who invested here.