.”- Rick and Ricky, SFR gurus“We bought this house in Toledo for $31,500 and sold it 10 years later for $34,000”:-) sorry my Toledo friend :)@James Wise and I just did a video about the 3 step process of what it takes to succeed in real estate and how "You", yes "YOU" can also buy the same green sports car that I own hahahahaGuru'd lol

My goal is accumulate properties while I’m still living at home, to eventually be able to fund building my own house with the cash flow from the properties.

And as long as you own that property you'll never pay the tax. 

Each designated LLC has its own governing documents establishing its members, managers, and membership interests.

oh yea, I recently started my own business (2021 was my fist year in business, commercial door company, non real estate related venture) and gave up my w2 income and was already denied another refinance on my primary due to lack of self employment history. this was with the bank my business uses with and they want 2 years of self employment income on the books. end of 2022 will be 2 years so financing may be an issue if I want to 1031 now, but i havent really thought all of that out yet either. 

While I finish school I want to work, at some level, for a brokerage and continue to build the savings and connections needed to start investing in my own properties / making a career in real estate.

They can use their own money as Bill B said. 

We own a couple of rentals and airbnbs.

Have a separate "general" category.Better yet, find your own accountant and ask how they want you to track your expenses.

Up until recently I had been doing my own book keeping for both which was a terrible idea haha; I have gotten extensions on my taxes for the past 5 years because i manually itemized all expenses I did not keep up with throughout the year on EXCEL.