Hi Charlotte, great question and you’re not overthinking, this stuff gets confusing fast.Big picture:Long-term holds are usually fine in plain LLCs.

I googled it and found this.Notice this is for an individual, they are not adding 2 owners hours together.A cost segregation study itself does not have material participation rules; rather, material participation determines how you can utilize the accelerated depreciation losses generated by the study to offset different types of income.Without material participation, the losses are considered "passive" and can generally only offset other passive income.

It is commission only, but I have heard a lot of direct lenders do a draw for income, and then they take it off your closings.

Hi! I'm pretty new to wholesaling and I'm wondering, as an end buyer and investor, what differentiates a "good" wholesaler vs the dozens of calls you get? I'm doing my fair share of prospecting, and am looking for way...

If you place it on Airbnb, get guests in, and complete a cost segregation study, you can take bonus depreciation against W2 income as long as you meet the hour requirements.The key parts are: buying the property, putting it in service, tracking your hours, and getting the cost seg report done in time.

You’re moving from single-family to multifamily investing, consider DSCR or commercial loans that qualify based on rental income instead of personal income.

You can time renovations, leverage cost segregation, and even qualify for active participation if you manage more closely.Turnkeys are fine for simplicity, but they’re not always the best from a tax efficiency standpoint unless you have other active real estate to offset the income.

Great question.

Answer those questions, and then I can form an opinion about the appraisal from that info. 

Since you live in Florida, which has no state income tax, any rental income you earn in Florida won't be taxed by the state.