Variations on this question are frequently posted, demonstrating how confusing the topic is.Bottom line - forming an LLC does not change your tax situation unless you elect to have it taxed as a corporation - which YOU (Andrew Namkoong) probably won't.Whatever INCOME your real estate investments produce will pass through to your individual income tax return, and it will be added to your other sources of income and taxed per the table you provided (ASSUMING you are married and filing jointly - since you provided the federal tax table for married filing jointly.)I recommend getting the BP Tax Book discussed in the thread pinned at the top of this forum.

(But, very successful ;-)1) Make offers2) Team up with someone on a partnership & Joint Venture.3) See number 1 and repeat

to do a joint venture/ partnership together you first need to seat and discuss the goals, the strategy and the “what if “ , exit strategy, the split, the financial contribution. 

joint ventures?

I do understand that I will need to verify everything with mortgage and law professionals but here is the question.As a strategy my wife and I have been investing in buy and hold real estate in our individual names, so instead of only being allowed 10 Fannie Mae loans jointly, we can now get 20.

i guess i see your point i had my share of parties when i was 20 something im only 40 now ,, but any way i think i will tell them if there guests need to smoke they need to do it in the back yard and at least have enough respect for where they live to put the butts in the trash.it was not possible drugs it was drugs i picked up the joint and showed them i know what pot is ,,,,, i dont know about you but it would annoy me to see my neighbors out front smoking pot

If I was just starting out I'd do a joint venture with a more experienced investor on the first one or two.

The project, owned jointly by Mobil, Shell and Imperial Oil (a Canadian subsidiary of Exxon), went online in 1999; it is expected to close in 2017.Source-http://graphics.latimes.com/oil-operations/

A hard money lender is a private lending company that charges points and may get their funds from investors.”Nevertheless, the lending companies which many real estate investors refer to as “hard money lenders” will frequently refer to themselves as a “private lender” or a “private money lender.”Several private lending companies I deal with do not like to be associated with the term “hard money” because they feel it has a bad connotation and makes them seem unethical or having extremely high pricing.But here are some of the benefits of doing business with a private lending company instead of an individual: More Qualified, More Consistent, never runs out of money, Reputation, Legal Compliance, Easy to Find, Better Pricing.There are some benefits to borrowing from an individual investor: May offer higher leverage, may consider a joint venture or equity position, several don’t charge points (origination fees).

Since people are jointly and severally liable on a lease, I'd think that separate application fee and "tenant" screening would suffice?