And for over 10 years, I have been in multifamily affordable housing development, and I am very familiar with asset management, property management, construction, and tax credit financing.

I thought if you rent < 7 days avg it was a business instead of a rental.

I’m ending our business agreement but have not been compensated for charges for services and goods not provided.

For my next major investment, I've been thinking to get into new construction.

- Does the title and business need to be in an LLC or can just the business be in an LLC?

Many expenses become business expenses.  

You’re building up an asset that you can use for buying other assets.I use this strategy with business owners quite a bit who’ve maxed out their retirement accounts.Leverage, leverage, leverage!

If it makes a difference, the DIL could purchase in her name or in her construction company's  LLC name. 

@Annwar Zahrieh There are certain transactional costs/ costs of doing business in Philadelphia to be mindful of, but I believe the fundamentals that exist in Philadelphia far outweigh this IF investing wisely.

I’m also self-employed in another non-related industry.I’ve used Aldaris CPA for my taxes for the last 4 years – they’re awesome and local in West Seattle.He also takes care of my bookkeeping and taxes for both my real estate business and other business.