The properties I am local to, we have one with a property mgmt company that I am not thrilled with, but they offer a buffer between me and a tenant when the tenant breaks something that they should pay for but that they don't "think" they should have to, the mgmt company is a neutral third-party to act as a judge who should pay.

Get a neutral lawyer involved if you want to minimize the pain and somewhat control the outcome. 

They are as such tax neutral for its member and don’t pay taxes directly as they pass the tax to the member(s).They are used for asset protection mainly.

So if my business leases the airplane at a neutral cost from the LLC, no profit equals no need for 135 certificate.All this set-up (new LLC, Lease agreement etc) was going to run about $2000.Accountant asked how much aircraft use was going to be personal vs biz use and I was honestly at 70% personal 30% biz so does the cost of setting up the entities justify the tax savings? 

I have purchased cash neutral RE that has produced fine return (and my definition of fine return is far in excess of 5.76% non-compounding).  

The idea is to remain cash neutral until we retire in about 20 years.

Thanks in advance Neutral colors are best.

Good location for me is an area with stable employment base, steady population growth and I like houses near schools or parks.What happens if it does not go down maybe it just stays neutral for a few years..

@Micah Manor Well, I’ve been looking for a house hack in Bastrop because I’m starting a job there to which I’ll be commuting from College Station so I want something there so I can stay a few nights a week and not have to drive every day, but I want it to be income producing or at least income-neutral.

Hello BP,Have you ever partnered with someone on a real estate investment? Have you ever been part of a long-term investing partnership? I would love learn from your experience! What did you learn? Would you do anyth...