Thank you again for the information, if I have further questions for you during the investigation I will certainly reach out.Best regards,Frances Hlawatsch | Financial InvestigatorState of Oregon - Real Estate AgencyI finally got tired of Is wholesaling IE assigning contracts and sending out blast emails on properties you have tied up but don't own.. legal in OREGONI then sent a copy to the state and the above is the response..

Why would you not leverage the equity out and invest it in a different vehicle.

Sorry to confuse you but, bottom line is, LLCs are not tax saving vehicle, they are for asset protection. 

The tire or lawnmower blade you save may be your own!

I'm also a Veteran, so keep that in mind for later.About the property: It is a Class C Mixed Use building in the heart of downtown La Crosse, WI, which gets excellent vehicle/foot traffic.

I'm also a Veteran, so keep that in mind for later.About the property: It is a Class C Mixed Use building in the heart of downtown La Crosse, WI, which gets excellent vehicle/foot traffic.

Probably still tire kicking.

Real estate is a great investment vehicle, particularly from a total-return perspective so I think you are doing a great thing by looking to get into it.

Wondering opinions on having our LLC own a vehicle vs. the LLC reimbursing  personally for mileage?

Currently I am interested in using rental properties (single or multi-family) to be the vehicle for that travel, but since we have little in the form of a cash cushion I am eager to learn more about other strategies.I look forward to interacting with y’all and if anyone is in Southern California and wants to meet up (be it fellow newbies trying to figure things out, or experienced real estate titans ready to pass on their knowledge) my wife and I would love it!