All right, new year. Time for some of us to reset/re-energize. One STR here, barrier is getting enough capital to go to number two. Cost seg from 25 should help.

Hello everyone, thanks for the great community and content! I’m hoping to save money on taxes to help grow our portfolio and eventually stop working my W2. Right now we have 3 properties (2 LTR and 1 STR) but we just won a competitive bid with our local city to purchase their old fire station, which we plan on turning into a self-pour tap house and restaurant. Slow progress with the city but it’s moving. Number one challenge right now is getting all of our properties properly put into entities and set up our entities for the fire station purchase / project. Lots of good info here so looking forward to getting that going in the next month or so.

Wishing you and your family a Merry Christmas! -Ryan

Isn’t it crazy how you can go to school for 18 years (22 years if you’re a doctor) and you never learn how to efficiently transfer money from your LLC to your personal bank account?

What's up everyone, we just crossed 700 members in this community. Bless!