You can deduct all realistic business expenses, including mileage, meals, allocated cell phone use for business purposes, home office space, etc whether you own the flip in an LLC or personally.  

My father, who was also a real estate investor, left me this after his passing from cancer in 2017.

Think prison cell.

The 'utilities' cell is the annual amount of landlord utilities divided by 12 because every other cell was monthly.

You can change the exit cap rate in the basic assumptions tab cell H67 and see the effect on the IRR and EM in the Equity Waterfall (GP) tab cells V51 and V53.

I use a google voice number for advertising/marketing properties and first name only for advertising on the internet but my full name is on my lease and i give all of my tenants my personal cell phone number.

DM me or reach out email and cell are in my bio.- Dan Frankel

The whole idea of an LLC is to prevent future damages.The doctor said I could smoke cigarettes because most people don't get cancer from it.99% of the people asking about LLCs in the forums here do not need and can not form an LLC to carry a property in because they are using residential loans and don't have an LLC with 2 years of tax returns.

Finally, in case of an emergency requiring urgent attention, please contact me on my cell phone anytime at (###) ###-####.I thank you, Mr.

Even when I got someone’s cell phone timely communication was slim.