[newbie] First BRRRR in three person LLC - tax question

[Lowry Coe]

Hello,

I'm in the process of my first BRRRR with two business partners. We are a three-person LLC and purchased the property in early December. I would like to know what considerations, tax docs, etc. I need to get all set up. I'm doing some Google research and am having some trouble finding exactly what I need.

It's a SFH in Tulsa, OK. No renters yet. Still rehabbing the property. Happy to provide any additional insight needed.

Thanks in advance for your help! 

[Lowry Coe]

@Michael Plaks - hired an attorney for the operating agreement and the LLC setup so we are good there. I'll reach out to an accountant. I was just thinking that since all we did was buy the house in 2021 it wouldnt be too complicated. Renovations and other expenses didn't start until January.