I am aware but unfortunately they are not relevant to this discussion.

But will you get a stepped up basis or owe 100% of the capital gains?

And, this makes your LLC a limited partnership with you as a managing member, which is tricky in and of itself.Just put money in individually.

There was tons of extra paperwork to fill out but my Realtor and Lender made the process easy!

For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check:  > Funding your business with your home equity or personal savings/guarantee is a HUGE risk  > ~45% of Small Businesses applied for a Business Loan in 2023  > Less than 2% of SBA Loans are actually funded/approved  > 29% of Small Businesses FAIL because thee run out of Capital  > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it)  > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!

I am figuring out what I want to build next that will have the best equity play but still crush as a STR.

Landlords of section 8,Do you have any tenants who pay you the difference between the local housing authority's voucher limit and your market rent? 

I realize this will include 2 closing costs, but would be more to hold and pay interest on hard money loan.

I am not a huge fan of the fee, but it seems common where I am located: Indianapolis.

I know there's a tab for meetups on here but I also know there's quite a bit happening that's not necessarily posted on here or the meetup app.