I was thinking about having one LLC for the company owning the real estate and one LLC for the company running the business.

Hey all,
Can anyone recommend a pergola that they have purchased for their backyard and are happy with? I see big price range with these (from $200 to over $4k) and wanted to know if you can get a decent one without ...

In Florida where I live that amount is the first $50,000 for a married couple are exempt.So to put all that into action, let's say the previous owner paid $100,000 for the property 20 years ago and lived in the property.  

👋It’s a pleasure to join this community and connect with people passionate about real estate.

Here’s a more polished version of your message:Hello BiggerPockets community,A close friend has been encouraging me to get into real estate investing for years.

Hang out with others that are doing what you want to do and invest your $25-$50,000 in real estate vs education. 

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Since this opportunity came up, I've begun to take real estate more seriously as a path to financial freedom.

@Kevin ApolinarioCongratulations on taking the steps toward your first real estate investment!

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.You need to get a firm grasp on two things: the ways to make money with real estate, and how to find deals that match your goals.P.S.