I am thinking not to move this Xyz LLC into new revocable trust(trigger a due-on-sale clause with the lender)I will add this Xyz LLC in future when mortgage is paid off after few years.Can I modify and edit this new revocable living trust in the future?

It's a brilliant dollar-cost-averaging modifier. 

They will pick and choose which OBBBA provisions to copy at the state level, which ones to modify and which ones to ignore entirely.Oh, bother, as Winnie the Pooh used to exclaim.

The main reason was not whether it is correct but is there enough MEAT on the BONE for this many and type of investors.OPERATING AGREEMENTOFTest Storage, LLCTable of ContentsPageArticle I ‑ Definitions 1Article II ‑ Structure of the Limited Liability Company 3Article III ‑ Business of the Limited Liability Company 4Article IV‑ Capital Contributions 4Article V ‑ Allocations and Distributions 4Article VI ‑ Management of the Limited Liability Company 7Article VII ‑ Transfer of Membership Interests 12Article VIII ‑ Amendments, Voting and Meetings 13Article IX ‑ Resignation, Removal of the Manager 15Article X ‑ Records; Financial and Tax Reporting 15Article XI ‑ Fiscal Affairs 15Article XII ‑ Termination and Dissolution 16Article XIII ‑ Miscellaneous 17OPERATING AGREEMENT AMONG THE MEMBERSOFTest Storage, LLC,ARTICLE IDEFINITIONSAs used in this Agreement, the following terms shall have the following meanings:1.01 - "Act" shall mean the Iowa Limited Liability Company Act, as amended from time to time.1.02 - "Affiliate" shall mean, in the case of any Person (the "Specified Person"), any other Person (a) that directly, or indirectly through one or more intermediaries, controls, is controlled by or is under common control with the Specified Person, or (b) that owns or controls 10% or more of the outstanding voting securities of the Specified Person, or (c) that is an officer, director, employee or agent of, partner in, or trustee of, or serves in a similar capacity with respect to, the Specified Person or an Affiliate of the Specified Person or (d) of which the Specified Person is an officer, director, employee, agent, partner or trustee, or serves in a similar capacity.1.03 - "Agreement" shall mean this Operating Agreement, as originally executed or as amended, modified, supplemented or restated from time to time.1.04 - "Capital Account Balance" shall have the meaning set forth in Section 5.01.1.05 - "Capital Contribution" shall mean in the case of any Member as of any date of determination, the aggregate amount of cash, property, or services rendered, or a promissory note or other binding obligation to contribute cash or property or perform services that such Member shall have contributed to the Limited Liability Company on or prior to such date and a Member's share of any of the Limited Liability Company's liabilities as determined in accordance with the Code and Treasury Regulations (or, if such Member is not the original holder of the Interest of such Member, the Capital Contribution with respect to the Interest of such Member held by the original holder of such Interest).

For question 1 – If your modified adjusted gross income is $150,000 or less and you actively participate in rental real estate, you may be eligible to deduct up to $25,000 in passive losses—even if you’re not classified as a real estate professional.

You're absolutely right to consider how refinancing could play out after modifying a property for higher cash flow.Here's the Refinancing Reality for Co-Living Homes:You nailed it — a 7-bedroom SFH often doesn’t appraise the same way a typical 3-bed would.Appraisers use comps of similar homes in the area.

There was big backlash and last month the city modified the rules to more reasonable.  

If their lien is recorded I would go to them and tell them to modify the loan to reduce the balance based on the liens that are on the property.You can also talk to the new lender and let them know that you want to refinance to pay off the liens, but you need to also make sure to get title insurance this time as the lender is going to require it.

Building codes change regularly, and local jurisdictions adopt of modify specific building codes at various times.

Property owners should consult a qualified real estate attorney before implementing a RUBS system or modifying lease agreements.✅ Key TakeawaysRUBS is a practical alternative to sub-metering in older or multi-unit buildings.It enables owners to recover utility costs while maintaining transparency with tenants.Proper documentation and legal review are essential to ensure compliance with state and local laws.