@Craig ComstockLLC's can potentially provide tax relief by self-employment tax savings if selected to be taxed as an S-corp.However, be mindful that the tax savings comes with additional administrative tax burdens - S-corp tax return / payroll tax return.

I work as a CPA and am familiar with the administration of it all but have never actually syndicated a deal myself.

The IRS requires this due to changes that the Biden administration pushed into the American Rescue Act.

No bank wants the wrath of the administration on them if they create a wave.HUD homestore has been empty for months and now has some properties listed.

. For some reason my HML is requiring the SDIRA custodian company (the one that set up the IRA and holds the administrative accounting but doesn’t do business in or with MY SDIRA LLC) fast nine have a good one to sign on my REI condo purchase.

Since there is no custodial requirement for the 401k, you don't need the additional expense and administration of an LLC to obtain checkbook control.

I’ve seen other property managers do similar things with “administrative fees” which are higher than the cleaning fee!

Of course, this adds some costs and administrative complexity to your rental business and it may not make sense to do this until you have a few properties in your portfolio.You said that you want to invest in rentals and fix & flips.

Paying water bills at different municipalities 4 times a year and then billing tenants back and collecting from them is also a significant administrative task - how does it compare in your experience?

I've come to a point in my journey where I absolutely need administrative help.