An LLC doesn't provide any advantages tax wise, it is just a liability mitigation tool (consult your attorney!).

Hi Batool,I saw a post you started a while back about traveling costs.You want to keep travel of your travel costs as they will likely be considered deductible or potentially start-up costsSome travel costs includeFlight, Hotel, Car Rental, Meals, mileage rateBest of luck

NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.com

That provides no additional protection.

Consulting with a real estate attorney, financial advisor, or experienced real estate investor can provide personalized guidance based on your specific situation and goals.

That was my point there and I also pointed out you can upgrade to a gfci outlet to provide protection without re-wiring which is a proper upgrade to make.

As newcomers to property investment, we greatly value any guidance or feedback you can provide, including any pertinent questions we might not have considered.Thank you!

The Coach provided the first 8,000 mailers.

Strong credit and some liquid assets provide good stability for the personal guarnator in these deals.4.

Commercial lenders will like the strong cash reserves and conventional would likely underwrite easier anyways than having to provide and prove out your rental income on a portfolio.