I am a corporate baddie with excellent W2 income + incentives (workaholic) that are both quarterly and annual (predictable cash flow).4.

Chattanooga, TN - Major employers are Erlanger Hospital, Amazon, Volkswagen, Bluecross Blueshield, Mckee Foods Corporation and Novonix.

Be sure to review your state laws to determine whether entity grouping is permitted—grouping may be allowed, but each LLC would still remain a distinct legal entity.For ownership structure, you may add a partner or operate as a sole proprietor within the LLC framework; however, I do not recommend using an S corporation for real estate properties.

Hi @Alda Watlington Since your property is in an S-Corp, selling will trigger capital gains at the corporate level, which can be expensive.

. *** Never put rental properties in S-corporations!

Guys like Brian Tracy, Joe Cossman, Jay Conrad Levinson and several others, long forgotten by most, played a major role in convincing me that I didn't have to be beholden to a corporation and alternatives existed.

On Oahu, you get plenty of travel nurses, corporate stays, military orders, insurance displacement, and remote workers coming for 1 to 3 months.It’s not as sexy as nightly, but cash flow is often steadier and the regulations are clearer in many areas.If you’re set on luxury STR, just make sure the zoning and HOA truly allow it and underwrite using real seasonality.

Are you investing as a family, partner, or is this a business/corporation?

Values are still very reasonable and you can investigate doing MTRs for corporate housing or for healthcare professionals.Feel free to reach out if you need cost analysis on deals you are looking at or if you want to brain storm what if scenarios with some of the properties you are seeing out there.

To clarify for those reading the company is Prime Corporate Services out of Utah.