Hello thanks for letting me be a part of this community.
My partner and I are moving to Colorado and in the early stages of house shopping. We’ve looked at some houses with a realtor and applied for a loan with canvas credit union so far. They offered us a “doctor loan” which offers 0 down, 1/8% lower rate, and no mortgage insurance. Seems like a good deal so far.
In regards to our current house in north Idaho, we are in the process of putting it into an LLC and then looking for a property management company to handle the LTR day to day.
We are also interested in hiring a CPA to set up a good tax strategy and make sure we are taking full advantage of this situation.
Tl:dr we are buying a second home in CO and going to rent our first home in ID. Looking for recommendations for CPA, property management in north Idaho, and advice on “doctor loan”.
Daniel - that doctor loan seems like a phenomenal deal!
I would recommend connecting with a real estate cpa prior to forming the LLC just to make sure you're making the right decision for you. I'd recommend reaching out to some CPA's that are active on the forums, using the tax pro feature BP has, and getting recs from local real estate investors.