This rent goes directly to paying off your mortgage.Now, let's say the left over payment on the mortgage and all other expenses is $2,000/mo.Now you are in the same situation as renting, expect now this monthly payment is contributing to the equity in this $800,000 property that you acquired for $28,0000, not to mention that your tenant is also helping you contribute to this equity as well.

At the same time there will be deflationary pressure on wages.If I believed the Fed would raise rates in any meaningful way I would probably sit on the side lines. 

Good morning,So far this year, I have contributed $12k to my 401k. 

BTW - this forum has been excellent and I want to thank everyone that contributes.

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.