You need to break through the noise.

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

Check with your accountant; but all profit/income should be pass through and show up on your personal return.

Hi Dasha,Very cool to see someone 16 years old on the BiggerPockets forum with an interest in professional life and investing time into their future rather than endlessly scrolling through social media videos! 

The community that they have built helps support and guide you through it.

Also, if we went through with the deal, how does one sell a property in the future after assuming somebody else's loan?

If you’re experienced and read through this whole thing please share what you think I should do.

Now there are some improvements (kitchen remodel, bathroom remodel, upgrading windows) where that flips on its head, but it's still something to really plan through. 

Witnessed by Yelp reviews.I personally went through many CPAs. 

I found the deal through Real Estate in the mount pleasant area.