Quote from @Armani Diaz: Hello, I just purchased a rental property duplex through wholesaler.

Rent payments from the medical LLC are fully deductible as a business expense, while the property-owning LLC will report the rent as taxable income, which can be offset by deductions for expenses like mortgage interest, property taxes, maintenance, and depreciation.To ensure compliance, document how FMV was determined—using market comparisons, an appraisal, or similar data—and draft a formal lease agreement outlining the terms, rent amount, and responsibilities.

I didn’t want to be waiting days for them to get back to me about edits to the purchase agreement.

I’m in Ohio, so I can purchase a property with $40k cash out, invest $10k in repairs, and rent for a couple hundred above the monthly operating costs.

In agreement with the City of Lebanon, we will redevelop ~35 acres into 242 lots for ranch-floorplan duplexes and SFRs, available for purchase by retail and investment buyers.

I believe interest is tax-deductible if used for property improvements or purchases, and it gives you quick access to funds while keeping your stock portfolio intact.Private Money Loan: If you have a trusted partner and terms that work well for both parties, this could be an efficient solution without tapping into your other assets.

Review their management agreement.

Newly built (2024) duplex in Boiling Springs, SC. List price: 445,000.DP: 89,000
Closing: 8900
Total Invest: 97,900
Projected mortgage: 2500
Rent: 1700 per unit, 3400 total
Taxes: 42
Insur: 263
CapEx: 100Repair...

I recently watched a video on social media that mentioned the way he was buying properties and yielding the benefit of the sellers low interest rate is having the seller put the property in a trust and then purchasing the trust.

Review their management agreement.