There is a video tutorial on how to create the map you want.

Do we each create our own trust tied to our LLCs?

We want to create an affordable SRO-style housing product with common facilities and meal plans included in monthly charges.

Either way, the income still ends up on your federal return, you’ll just have to file in Texas if your gross income is in millions (probably not applicable to you right now).This post does not create a CPA-client relationship.

I’m a relatively new investor with one house hack under my belt (which I’ve since passed on), and I’m eager to keep learning, building, and growing in this community.For me, real estate is more than just deals — it’s about creating opportunities to serve others, building community, and leaving a lasting legacy.

Quote from @Ashish Acharya: @Allende Hernandez Great question and it’s one that comes up a lot with new landlords who want to make the most of their tax benefits.To clarify: putting a property into an LLC does not, by itself, create new tax deductions or unlock passive losses.

I'm almost 55 years old and I'm looking to create some retirement income.I've owned martial arts schools for 27 years and I'm ready to do something different.  

The best way to ease the burden is to create or buy something that generates business or passive income — because business owners and investors get to deduct everything it takes to earn that income.2.

Quick-turn deals like this show how partners can create profit without heavy renovations or long timelines.

The log requirement to track the hours hasn't changed so something from 4-5 years ago should still be applicable now.I would create an excel workpaper with 4-5 columnsColumn 1 = DateColumn 2 = Amount of hoursColumns 3 = Description of property worked onColumns 4 = Task performedYou can create 'drop-down' features to reduce the amount of repetitive phrases.