I currently live in the State of VA and property tax is huge on vehicles.

Make sure the vehicle you choose is able to qualify for lending.

Establishing an investment vehicle can hedge against this and set out an enforceable legal structure to govern the investment and its management.ZachThis post is intended to convey general information only and not to provide legal advice or opinions.

I used part of it to pay off both my vehicles and was thinking of using the rest as a down payment for my next property.

Merely putting a vehicle in the name of an LLC doesn't constitute a business expense.

But I wanted some insight on the different vehicles and how to choose!

So when he left in a huff all I could do was make it very obvious that I was taking photos of him and his vehicle.  

Bought the vehicle used, so I didn't waste money on a brand new car.  

The numbers don't look good and your earnings could go much further deployed into another vehicle, like a multi family or several single families.

If you are planning to use Fannie/Freddie loans for your next residsntial property (which are the best finacing vehicles upto 10 loans for single and 20 for married couple) no lender will allow you to close and take the title in the name of an LLC.Only commercial loans or private money and a few other types can be closed in the name of LLC but not for Fannie/Freddie reaidential conforming loans.People take the title in their own name, setup a single member LLC and then transfer the title into the LLC