It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.

From an operational standpoint you might also want to consider the cost of any extra tax returns that are needed by the entity as well as any extra accounting fees.Good Luck!

Posting goals here on this thread can help to act as a form of accountability. 

They're pretty organized, but expect annual inspections and some extra paperwork. 

I think you would need to account for that with each “flip” - does it? 

We all do the same thing, we just call ourselves different names and carry similar but different licenses:- CPA - Certified Public Accountant- EA - Enrolled Agent - Accountant - Tax advisor - Tax strategist- Tax consultant - Tax plannerIt all means basically the same.

Hey BiggerPockets Community,I’m working with an organization that’s aiming to address affordable housing in a way that leverages time as a primary tool.

I would either just put the return in a brokerage account, or buy a rental property near where I now live (on the east coast), where you can buy a lot more for the money.

He determined the price and terms for the property, and according to the agents involved, he consulted with accountants and attorneys before signing the contract.

It's important to consult with an attorney or an accountant to determine whether an LLC is the right choice for your specific situation.You can reach out to me and my team who can guide you through the process and help you navigate any challenges that may arise.