I am a newbie, looking to get to the point/question as quickly as possible. I have a solid w-2 job, and will be purchasing my first rental soon. My brother graduates from college in December and is a perfect candidate for a house hack. He has long-term investment goals like myself. While I understand the cash flow would be minimal with the first property (until he moves out) the idea of getting into a four-plex with little down is intriguing. We both want to invest for cash flow, and will most likely be using the brrr strategy. I want to partner with him as soon as possible, what type of entity would make the most sense for us? One issue I have is my income exceeds the allowable amount for potential write offs. I am getting married soon and would be able to use my future wife as owner as well so that is an option. Just looking for some feedback, when talking about specifics, some information can be hard to find.
Thanks,
Zac
