You may end up having to stay in the property a little bit longer (for example you thought it would take a year, but it ends up taking 18 months to execute your plan) but you can absolutely do it.

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

Rentals go on Schedule E.

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

I would recommend reading the following books;Millionaire Real Estate Investor by Gary Keller - This book is all about reverse engineering your goal a breaking it down by steps.The E-Myth by Michael Gerber- RE Investing, construction, development, property management, etc. 

Find ways to spend more time on tasks that will lead to a higher execution rate of deals.

With this the property income or loss is reported on schedule E of your personal 1040.

Every Monday I will be highlighting a deal I was apart of either as an investor or agent highlighting a different investment strategy and how it was executed in the local market.This past spring I was a buyer agent on a 2-family house hack deal in Southington, Connecticut.Property details:- 2- family side-by-side duplex- Each unit identical 2-bed/1-bath layouts- Natural gas heat- Each unit has own driveway- Solid B+ neighborhood- Very desirable area to rent and own What made you interested in investing in this type of deal?

If executed poorly, it can crash and burn very quick.

That speaks really well for how well executed the project was.