Start it now, any properties you go look at will be tax deductible, travel, meals, lodging. as long as you buy and keep running the business. you can then also purchase the house under the llc. so if you start now, your ready to go

I don't care of the meal costs you $300, it will be the best money you ever spent when you ask them how they manage their Class D portfolio.  4.)

Third, when I spend money on something business related (like almost all of my meals, travel, home office equipment, etc) I get roughly a 45-50% discount on the cost of the item due to the tax savings from expensing the item.

Like building healthier jobs for teens.

The girl at the register doesn't take your order then run to the back and make the burger, then go get your fries, come up pour your drink, then go to the drive through window and hand you your meal.

If too many cooks are in the kitchen instead of a beautifully cooked meal you have a mess to deal with. 

For all of the expenses that I incur related to traveling, meals, etc that are deductible can I add these expenses to the basis of a property that I purchase in the future?

I am thinking of possibly the benefits of an LLP being that we can write off meals and entertainment for when we go out to eat and discuss the property and some asset protection being that there is two owners. 

As far as splitting fee's, maybe just buy me a meal ya know.

I overpaid for this shoddily-constructed hovel with its HOA fees and idiotic rules, utterly incompetent and corrupt management, and neighbors I still would not be able to sit down and eat with if I hadn't had a meal in three days.