I don’t want to sell it I would like to rent it out to create that extra money coming in.

Haha, this is definitely that same troll that created two new profiles on the same thread a few weeks back.

If the rental is in your name or if you have created a company for the rental.

I am looking to create a web site for our property business.

Hello Bigger Pockets, I am creating my first LLC in Alabama to put a couple of my rental properties into.

We are planning on purchasing more property in the area in the next year or two.Every time we get a new question, a new situation, a new anything, we create a templated response that we put on our smart phones so that the next time that same question/situation comes up, we just change the "Hi xxxxxx" and then paste the rest in. 

Preqin dataBenefit #2: Private Real Estate has Low Correlation to other Asset ClassesThe goal of every portfolio is to create the highest total return with the least amount of volatility.

Regardless, once you find a solid foundation, it may create a more flexible situation for you to make your "next move".

I'm looking for some help with the proper business structure.I understand that flips and rentals are taxed very differently and should ultimately be kept separate.Originally I wanted to buy flips through an LLC (elected to be taxed as an S-Corp) and buy rentals personally.The problem is if I need a commercial/portfolio loan on a rental property the lender would likely require an LLC as well.I wouldn't want to use the flipping LLC since that would muddy the waters and create a "mixed use" situation.

Do you create the trust first, and then write offers as the trust?