For now, consult a CPA to determine the best structure based on your income and investment goals.This post does not create a CPA-Client relationship.

Avoid C-Corps, as they incur double taxation.Use LLCs for rentals and consider an S-Corp election for flips if income justifies the additional complexity.This post does not create a CPA-Client relationship.

Highly suggest coming out to some of the local chicago IN-PERSON meetups! 

It actually says “Loans to Partner (or persons related to Partners)”.

Yes but in bulk and only sourced from someone I had a very longstanding relationship with.

My business partner owns a roofing company but has weak credit and more limited cash flow.An LLC is a common choice for partnerships since it protects personal assets and simplifies tax management.

However, California treats rental income as passive regardless of REP status, so these benefits won’t apply at the state level.This post does not create a CPA-Client relationship.

The key is that the gap funder is usually someone you know and have a relationship with.

Acquiring Clients: For those who’ve raised capital successfully and built a strong network of clients, how did you go about finding and nurturing those relationships?

.: I recommend networking and building relationships first.