Even if I am just 20 years old I want by the end of 2019 to have already a Rental Property but until then I want also to get my relator license before.I'm writing this hoping that someone will want to help a young guy with big dreams by giving me at least some advices.

But if I set up an LLC (to buy rentals in the future of course), can you buy anything in the name of the LLC if it is business related?

A charitable donation deduction will be limited to 50% of your adjusted gross income or less and the relative tax benefit will also be affected by the amounts of other itemized deductions you claim.

@Trevor Finton the one thing I did not add  in relation to the Series LLC is to really know your states LLC Internal Liability Shields and judgment orders, and then how those relate to the individual child series of the Series LLC.

For legal, insurance and any other related purposes, I believe your attorney would strongly suggest you either let the lease go M2M, or replace the existing lease with your new lease (in your name or your company name), but do not create and execute an extension on someone else's lease.Most leases contain language that turns a long-term lease into a M2M upon expiration.

In your experience, statistically, who have been the most desperate sellers that take the least amount of money relative to what their property is worth?

There are some related complications such as deducting expenses related to this flip and the issue of the new 20% deduction - so it's a good idea to discuss it in more detail with your accountant.And congrats on making enough profit on your first flip that you asked your question.

Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.

Can someone really delve into cap rates, and NOI and how they’re related?

I have listened to BiggerPockets podcast for several months and have read many real estate related books.