I’m also self-employed in another non-related industry.I’ve used Aldaris CPA for my taxes for the last 4 years – they’re awesome and local in West Seattle.He also takes care of my bookkeeping and taxes for both my real estate business and other business.

"expect my insurance goes up', 'hope the property value will increase', 'hoping for fewer problems', A business is not build on hopes and expecting.Build a budget, is the expected return more than your required return?

@Antonio BodleyThere is this website called GooglePut their name in it and research the website and you will find outIf your real estate business is all about people giving you everything you will not go very far

I’ve been in the real estate business for over 20 years, and I’ve seen my fair share of complex deals.

Notice that the article doesn’t cover asset distributions (only the exchanging of stock).I'm not doubting you, but if you google "what is an llc" you'll see sites like investopia, forbes and others that should have some credibility all with conflicting information about what an LLC is, calling it variously an "entity structure," a "legal structure," and a "business structure."

I got a business parter with capital and some experience and we hired a GC on the first few flips.

It's a business with incredible value in terms of stable, predictable revenue and as a retirement asset. 

However, if you're setting up the LLC to file as a business with a separate tax return there might be some advantages to a loan.

One year ago, a business owner purchased the land next to us and now operates firearms weekly, sometimes 15-20 hours per week of shooting.  

So if I liquidate money from my business credit cards and open a forex brokerage account and pay for a trading bot, is the money i use to pay back the credit cards and trading bot taxable?