If you suggest New, LLC should he make a contribution from the Old, LLC to the New, LLC and if so what are the tax benefits?

While we are getting a decent amount of interest on it, we can't seem to convert anything into a meaningful lead. 

While we are getting a decent amount of interest on it, we can't seem to convert anything into a meaningful lead.So far our process has been to send prospective tenants our pre-screening requirements after they show initial interest in the property.

I am being told that many “wealthy” investors do such a thing.Again, buying a property is not an expense no matter who is on the receiving end.If Company A purchased it for Company B, company A basically just gifted it to Company B and Company A will need to pay gift taxesIf Company A gave money to Company B, Company A either Loaned it or Contributed as Capital/EquityCompany A cannot expense it, because it isn't an expense. 

This is a great group of people, and I'm confident you'll find tons of support for all your questions as well as a place to learn and contribute your experience.I think your question about a business option is whether you should get an LLC or purchase properties under your name.

Another thing to keep in mind on how much cap gain you contribute: if you are spending your $100K to buy an existing property, you also have to spend enough to double the basis in the building.

For this reason, we have started a collaborative spreadsheet for all to access and contribute. 

I am hoping to meet great people and form meaningful friendships in my thousand miles journey!

Whenever you have a W-2 job that offers a 401(k) plan that matches contributions, max that out.

Keep expanding your network, one thing about your generation that can be irksome is the stereotype (whether deserved or not) of thinking that yelp/insert website can replace the kind of quality referrals that come from meaningful personal connections.