Not asking about “wealth creation” I mean until actual cash is in the bank?

If you are interested, refer to my post 5 months ago regarding my $7000 of monthly cash flow creation in 4 months and ALWAYS be careful what you post here as well as social media!

And I'm a firm believer that the wealth creation is in the equity growth over time.

I am overwhelmingly confident that had I moved, my professional career would have not progressed as fast or as well as it had here in the bay and I’d have likely encountered fewer wealth creation opportunities.

I have experience mostly in web content creation and editing in the form of news writing and journalism.

Aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications -- pulled reports from TransUnion, which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some tools also make it so that your tenants have additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).

I plan on starting in wholesaling and plan on moving to acquiring rentals for wealth creation.

I am wondering whether or not I can deduct entity creation expense on my taxes.

I think it is a great way for young people to begin creating wealth and experience, just make sure that she understands that purchasing a home to house hack is a wealth creation strategy. 

Maybe there are some creative tax strategies or the creation of an LLC that would allow this...However, if there is no creative tax strategy that allows this what would be the easiest/lowest tax way for one of us to give “sell” their partial ownership in the property each other?