I already have my LLC that is set up for purposes of fix and flip ventures. 

Can the purchase be identified as a business expense for tax purposes?  

Moderator Note: Self promotion and advertising is not allowed.

The disregarded LLC means that it is disregarded or ignored for Federal tax purposes and treated as if you and your husband own it individual for tax purposes; or (2) acquire and hold in your individual names as 50/50 tenants in common and not contribute it into an LLC.

There are a few of us here on BP, and while we cannot self-promote, there are tons of forums that discuss our pros and cons. 

This serves two purposes.

Quite a few things happened right after purchasing, e.g. getting married, moving to DC/VA area and then moving to NYC after 2.5 years later.Long term I would like to acquire one or more rentals for the purposes of gaining some passive income.

So for planning purposes I used $1100$0 hoa, $132 management (12%), $110 vacancies (10%), ($110) for repairs (10%), $80 Insurance, $125 Tax-------1100-557543 cash flow6516 per year cash flow if I pay cash. 4.7% ROIWould this be ok to get my feet wet? 

I would consider switching though for legal purposes.  

I am wanting do this for both asset protection and tax purposes, but am pretty nervous about the whole lender issue.