Hello Everyone, I just want to say that I appreciate any friendly help that is sent my way in advance!My partner and I are just starting out with getting into real estate, and we feel that we should take some steps to...

As for your second question, can your LLC taxed as an S corporation own your other LLC? 

Afterall, it's up to every 'corporate person' to report their "earnings, expenses and deductions" on their taxes... just as it's up to say me to list the 'expense.'

What owners want for stability of the cash flow stream and resale is SECURITY in longer primary term commitment and parent corporation guarantee.Lot's of other layers into it. 

Buy and hold, house flipping, wholesaling, small multi-family, lease options, land contracts, large multi-family, assisted living facilities, vacation rentals, corporate rentals, self storage, notes, mobile home parks, medical office buildings, turn key rentals, etc.Is your head spinning yet?

I have not been this nervous since I left corporate America to start my own business. 

There are some little things that you can do like turn it into an AirBnB or corporate housing where you can charge more.

They are here on a corporate assignment and leaving 6 - 8 weeks early.

I am focused on learning as much as possible about rental property buy-and-hold investing before I graduate next May so that I can come out swinging and hopefully make my first investment within the next two years aside from my corporate career.

I recently left corporate America in search of a life in real estate.