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

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

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.

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.