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That’s really good information that I hadn’t considered. The ability to have a higher number of tenants on the same amount of land as a single-family home is something that makes a lot of sense. Hmm. Something to keep looking into. Does anybody have experience in this area?

Hi Elie, I’m also interested in what others have to say about this. I have been going back and forth on setting up a LLC for asset protection as well. I also want to know more about the tax benefits. Google has many answers but it’s overwhelming to scan through each one.

Hi everyone! My name is Evelyn, and I’m a California-based landlord managing a rental property in Virginia. I’m currently exploring the idea of setting up an LLC to manage my rental property in Virginia, but I’m new to this process and could use some guidance.

I’d love to hear from anyone who has experience or insights about forming an LLC…

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Hi Jesse! It’s great to meet you. I live in California too, but my rental property is in Virginia. I’m in the process of learning more about building my portfolio and would love to hear any tips you have for managing rentals remotely. Looking forward to connecting and learning from your experience. I’ve been a landlord for 2 years and on my…

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They can be from what I have heard. There are some opportunities in the purchase where you are only paying for land and taxes and you can have your tenants insure the property (trailers) etc.

I would totally recommend consulting a CPA, or related expert, on this so you get better advice!

Also just the amount of tenants you can have on one plot…

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Zoom is being difficult today!