Hey all,Just wanted to introduce myself - bought a duplex in Los Feliz over the summer with a few business partners and will be renovating the property while living there.

@Eric E.UBIT only comes into play in an IRA on leveraged real estate and running an active business.

To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.

Portuguese-registered businesses, businesses registered elsewhere in the EU)?

:I had a consultation with Andersons a month ago... his youtube videos are great and a lot of good information... but they have packages... and are VERY VERY expensive... for the same setup as other companies for a lot less.I contacted Royal Legal Solutions as well... packages as well and expensive.I also contacted the Small Business office in Kansas and a couple of local lawyers.So far Mark J K has been the best consultation and fees as very down to earth... but will confirm tomorrow :) 

- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.

To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.

I don't have any specifics but as someone who is into tech, accounting/finance, and a consultant to grow businesses.

I will be able to log the 50% time of business use.

Quote from @Griffin Malcolm: Open an LLC and apply for a small business line of credit from Key Bank.