If anyone has worked with one before, can they help me?

•Get advice from a tax professional or CPA – If the IRS considers this a related-party transaction, they can help you navigate the rules to stay compliant.

There are spreadsheets that can help (I do not have one).  

Let me know if I can do anything to help, and good luck to you in your journey!

However, building relationships with private money lenders can help you scale your business quicker depending on how many investments you want to do this year.

The property tax savings are going to be in the ball park of 40-60%, but to be safe you should double your expected repairs budget when calculating the NOI.If you have any other questions, or want a more in-depth response, I would love to help!

A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

People tend to waste a lot when everythings included, so this helps to avoid that problem.There are also companies out there that can install a meter in lieu of doing a full submeter to ascertain how much usage the unit is using monthly.

I also have a few valuable resources that might be helpful to you.Feel free to reach out if you ever need anything—happy to help in any way I can!

Good luck and I hope this helps!