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New Partnership for rentals - need advice
I am purchasing a new property with a partner and friend. He is purchasing the property under his name for a few reasons. I want to know how easy is it to then put the property in the LLC that we will create. Also we plan on doing several deals together, what is the best way to set our business up? My accountant said an LLC filing as a partnership.
I've only ever done deals by myself so any advice is welcome!