If it was 1-4 units, then getting 90% LTC would be much simpler. 

You can probably tweak it any other way you want if you need as well.On the topic of funding i have always opted for private money it is simpler, less costly and quicker than anything out there.

For me I just keep it simple. Rent

If the LLC is single-member and did not conduct any activities in 2018, it should not cost much more to prepare your taxes in 2018.Yes - The accountant should do his due-diligence and read the formation documents and as a result may charge you for reviewing it.I would not choose option 2, you will still be required to file annual LLC fees with Nevada and have to pay an annual fee for a registered agent.I would look at option 1 and 3 and pick one that is simpler/cost effective.What are your goals with the LLC?

@Mike GehardYou have to define what you mean by tax-deductible and how it will benefit you on the tax return.There is a concept of "un-reimbursed partnership expenses" which is normally an above-the-line deduction taken on schedule E.A payment must further the partnership or be listed on the partnership agreement for the partner to deduct it on schedule E.I do not think your trip qualifies as a un-reimbursed partnership expense.Prior to 2018, investment expenses on schedule A were deductible if you itemized.

The other two might be more oriented towards the US, but they contain a lot of concepts and knowledge that work anywhere.I hope this helps!

@John Boby land trust and living trust are two very different concepts.

But if you are determined to use cap rate as some sort of yardstick, read on for a way to twist the concept so it produces a meaningful result...You can't say that "I'm buying at X% and the projected NOI cap is Y%" because it will cost you more money than just the purchase price to bring a non-performing property to stabilization. 

@Daniel EvenchenI don't know where you got this idea of "extracting" cash from an IRA, but your understanding of the concept is totally incorrect.

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