Would you mind sharing any details about your townhouse?

There are lots of larger investor meetups around Charlotte I'd be happy to share!

@Zachary Sakena Purchasing properties through an LLC is all you truthfully need and that is more for business planning than anything else (if you consistently follow through on the items I previously shared). 

Can you share more insights on this?

Because opinions and advice can turn out to be misleading or plain wrong, I rather share facts, knowledge and experience rather than sharing personal opinions or advice on a public forum like this.

First, you do have a contract, the spreadsheet which you both shared, agreed to, performed work and received payments under, etc. - that IS a contract.

-Business Type: Residential Rental-Ownership Type: Agricultural Cooperative Corporation

Deductible expenses include a proportional share of mortgage interest, property taxes, insurance, utilities, and repairs.

I’m now venturing into new opportunities to expand my expertise and grow my portfolio.I joined BiggerPockets to connect with like-minded individuals, share insights, and learn from the incredible wealth of knowledge this community offers.

@Tanya Maslach I would be glad to share our experience as we have learned to love the corporate client avatar.