Alternatively, your brother could buy your share, which would result in capital gains tax for you on the difference between your share's original cost and its current value.

Investment Info:Single-family residence buy & hold investment.

Fico while they will look these are not credit score driven loans like those buying rental houses or houses to live in...

Are you buying for yourself or trying to wholesale (or what is your exit strategy)?

Buy and large I manage these rentals and we think of it as my side venture, not his.i already have the LLC but my tax guy won't file the rental in the llc because he says I need more than one rental and probably a Different kind of business entity.

They just have many of our jobs going on, too.I don't think the costs are TOTALLY far off...I could buy $50/hr for handyman type of work, but then they have their fee in their too. 

Just make sure to look into the HOA’s financials, rules, and rental policies before buying.

You could buy a turnkey rental there and do none of the work - look up MidSouth Homebuyers.

2) Can we not pay anything if buy 2nd home in same LLC?

But it feels like if you keep cashing out equity on your properties to buy another, you end up with multiple properties but with your equity stretched really thin, like a house of cards ready to collapse.