Renting rooms individually to six unrelated people would likely trigger the licensing requirement.

Once they transferred the home into an LLC taxed as an S-corp or partnership they broke 121 rules.Section 121 only applies when the individuals own and sell the home.

Whether you are a seasoned professional, just starting out in the industry, or simply curious about commercial real estate, this meetup is the perfect place to connect with like-minded individuals and build valuable connections.

Whether you are a seasoned professional, just starting out in the industry, or simply curious about commercial real estate, this meetup is the perfect place to connect with like-minded individuals and build valuable connections. 

Setting up a new LLC for each flipping project is a common approach to limit liability, but as you mentioned, it can get tricky with all the bank accounts and bookkeeping.One option to simplify things is to set up a holding company (LLC or C-Corp) to own the individual LLCs for each project.

It’s a unique setup: 100% master-leased to a corporate tenant (Sober Living) for 3 years.The Numbers:Purchase: ~$640kTenant pays all utilities/maintenance (NNN-Lite).DSCR is strong (>1.35), so financing is straightforward.Projecting ~11% CoC return.I'm planning to bring in a capital partner for the EMD/Down Payment ($185k total).My Question for the group: For those who have done corporate-backed JV deals, do you typically stick to a straight 50/50 equity split, or do you offer a preferred return?

I would really prefer a section 8 tenant that is employed with little to no debt (that is in collections).

Appreciation is influenced primarily by rent, NOI, and investor demand—not the preferences of owner-occupants.4.

That hurts and is hard for an individual small single family owner to compete with.Most of the new apartment construction is ending now and as soon as those get leased up, I expect we'll be in better shape for rent increases maybe into the spring and summer.I'm suggesting to all my rental owners to do everything they can to keep the current tenants happy. 

.🔹 Preferred Equity: Fixed return for investors, keeps ownership in your hands.🔹 Common Equity: Where the upside lives — and the risk.The secret?