@Yadira Gutierrez to be upfront, all the questions you are asking should ideally be addressed before taking a trip to view the properties.

A good starting strategy is to figure out the ideal agent that you want working in your company then figure out what they are missing in their business and offer your company as a way of solving that problem in their business. 

All of this can be set up to pass through to your personal Schedule E tax form.

I love TK providers that find the ugly duckling in a good or up-and-coming neighborhood, renovate it at a good quality (without going overboard) so it appraises at or slightly above the asking price, and then has a property management team in place (in-house) to manage the property.It's not always possible to find such an ideal solution, so the relationships of the different parts of the deal (finding, renovating, managing) are very important and a track record makes an enormous difference.

Miller, Rex Miller and Glen E.

Not an ideal place to run a business but good luck if you wanna try it!

Let us know if we can help - https://koalendar.com/e/meet-w...

Rentals go on Schedule E.

Ideally, set the rent at 1% (or better) of the all-in number.3.)

Although these properties appeared on Sch E for well over 3 years, the newly formed LLC will lack the requisite two year history.