You can always "borrow" or withdraw the principle since you already paid taxes on it.  2. 

Last year I paid for a “coaching” program, formed an LLC with an S Corp election because my intention is to make a lot of money, began putting my team together which includes the best realtor I know and contractor plus a few hard money lenders including one that will loan 100% of the purchase/reno after I get a deal or two under my belt.

No personal experience...but honestly I've heard good things about section 8 because you are really guaranteed to get paid.

If you're wanting to house-hack, then find the most number of bedrooms you can afford, buy it, rent the rooms, save the tenants' paid rent, and buy again in a few years. 

Each year by January 31, you or your bookkeeper has to total up how much you have paid to each person and issue each one a 1099, which is a simple statement of that total amount with your contact information as the payor. 

It's 100% worth the expense and one that investors need to be saving for.B.

They will look to work with small operating companies to get sba loans, but they will want to see two years of income : tax returnsSo if the company is a general contractor then its income / expenses could get it some sba loan but if you are fixing and flipping and are looking to get a mortgage they will look at you not the LLC

., income - expenses).Individual foreign investors pay income tax at graduated rates up to almost 40%.

What I'm wondering is can we have these 3 properties qualify as a business, with all the write offs that come along with owning a rental business.Your rentals are a "business" (even if you owned just 1) in that sense because its an active thing with expenses you can write off.

Properteis that have had these systems updated tend to be much more expensive.