It's hard to find a cash flowing rental in this area, but paying all cash certainly helps!

This is messy, but try to bear with me:I have two Stessa Accounts: one for my personal properties(account "S1") and another for properties held in a partnership (account "S2"). 

Quote from @Sarah Hartstein: Hello everyone, I am brand new to this website and looking forward to gaining some extra insights on property within the US and beyond ;) I started as a part-time Realtor with Keller Williams in Santa Barbara, California, however domestic sales never really “tooted my horn.”

Establishing the LLC in IL first does not provide any additional benefits in this scenario.

The due date for 1065 returns is March 17th this year.Yes, you can deduct all property related expenses on the 1065 return. 

I want to know any and all tips, advice, and of course down sides to this lifestyle. 

Someone else mentioned this to me.

The stuff above and how I would go about doing a deal like this without knowing rehab costs would be either two ways.

This is a classic NJ. 

Hello BP Community,Excited to be here and to learn from the wealth of knowledge in this group!