I am creating an llc with a couple friends as we go into this new endeavor.

Imagine someone harassing your girlfriend, damaging your property, using or selling illicit drugs, dog biting you or your other tenants and creating a flea or noise issue, or any number of other potential issues.

That’s just the truth but all isn’t lost:- Created actionable steps, Created a system that can actually produce the desired outcome.

Travis, forming an LLC is smart for liability protection and creating a professional structure for your investments.

Please discuss this special allegation with your Tax advisors.This post does not create a CPA-Client relationship.

First, should I create an LLC and purchase the property through that?

@Monica Juarez-Gonzales Adding to prior note that @Michael Plaks has created the best resources and content, bar none, to help investors understand how to approach Cost Seg.

also did you create a business entity for this operation and how did you go about that? 

By doing this, I can better match deals to their needs while creating a smoother and hopefully faster process for both the seller and the investor. 

I appreciate your ready-fire-aim approach, @Brendan Duggan, but you’re likely creating loans that might only be saleable at a discount.