Here are a few below.Tax Deferral: Deferring the taxable income from the sale of their real estate property.Consistent Income: Operating Partnerships can issue dividends or distributions so that the investor has cash flow.Portfolio Diversification: Enables the investor to achieve diversification across geography, industry, tenant and asset class in an Operating Partnership structure.

Do I need to file the LLC in both our names to enable us to take full tax advantage?

Having the owner hold all or most would enable me to invest more money into the business initially.

No pressure;) But the point is it can be done, and I know IBD (and 'platforms' like TC2000) are good enablers.

I'm hoping that a FHA or 203K loan will enable me to acquire a great deal after I find one.I'm looking forward to connecting with you guys and would appreciate any tips about how to determine which neighborhood to choose when considering buying a small multi-family unit.

I did not do anything except do repairs that were needed including a new roof 1 year that whipped out profits for a while.I got the discounted value because they also had a "right to buy" program which enabled the local authorities to sell of properties that they once owned.

Buy renting the property and establishing your intent to hold it for productive use you are adding an huge to your net return by enabling the 1031 possibility.Good for you.

That will enable us to almost double the purchase price of what our duplexes ran if we find something in that range. 

Data combined from your property management and accounting software will enable you to track your investment performance in an Excel file. 

This enables us to provide a similar quality if not better than hotels but at a competitive nightly rate.