Hopefully, that's helpful!

Any help much appreciated. 

It helps you establish one economic unit to meet material participation hours.If you are in higher income tax brackets, I suggest getting a multi-member LLC for audit protection.

Here are a few takeaways that might help others considering this type of investment:1.

You have a great shot at compounding rewards, and even if you buy at a bad time, the next purchase, and the one after that, will take advantage of lower prices in a system that can't help but make you rich over time. 

I was learning the VA Loan Entitlement process and wanted to verify if this is correct or if there's gaps in my research that someone can address and add onto:From my understanding, if a VA wanted to get a second loan without selling their first home, this is the process:And if my research is correct, I hope this helps out some of you :)1.

Thank you so much for your time and help!!!

Hey, great to see you're helping your friend get started with real estate!

My main goals are to diversify from my current business and to invest in assets that can help lower my yearly taxes.What would you suggest?

Consulting with a knowledgeable insurance professional can help tailor a policy that addresses your specific needs and risks.