Hi all, my name is Brennan, out of NYC. We recently opened an str. Part of the draw of doing so was the tax benefits, but we've also found some passion in operating an STR that's making waves in our market. I've seen many online "tax hackers" online say that you are able to deduct quarterly/twice-yearly board meeting trips, so long as you keep meeting minutes - even when your LLC members are also family members. We regularly take trips to new STR markets of interest to us and I was wondering if this is legitimate way to deduct such trips or if it is a real quick way to get yourself audited and penalized :) Appreciate the response in advance!

Guys, I see people with the wrong LLCs all the time. This can cause two things: 1. Overpaying in taxes or filing fees 2. No protection of liability Different LLCs are needed for different businesses. Give me 8 minutes I'll show you what LLC you need for different businesses.

Hi everyone!! I'm new to the community. My name is Jose Cordova from Fruitland Park, FL. I'm a real estate investor. I've purchased properties at TAX DEED auctions in FL and OH. Join this community to learn more from other investors.

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