@Mark Rich @Camille Hoheb @Rachel A @Adriana McLaughlin

@Ryan Bakke, CPA - In one of your entity setup videos, you mentioned that if someone has a few rental properties and a minimum net worth, they should consider setting up a revocable trust with a holding LLC underneath it, and then place the individual property LLCs under that structure. Can you explain why the holding LLC is necessary? Why not just have the individual property LLCs directly under the trust?

@Ryan Bakke, CPA Can you use a personal card exclusively for business purposes or do you recommend opening a business credit card?

A big shoutout to @Ryan Bakke, CPA for this community having like minded people helping each other.I currently own a LTR and I’m buying my first STR to take advantage of the STR “loophole” for tax purposes. My eventual goal is to qualify my spouse for REPS after we own 3–4 investment properties. I’m looking for guidance and advice from this community as I pursue this strategy, and I’ll be sharing lessons learned, mistakes, and wins along the way. If you’ve done this before (or are doing it now), I’d love to hear what worked for you — especially around material participation, bookkeeping, and tax planning.

I’ve come across investors who structure deals where one partner covers the down payment and yet both parties end up with 50% equity and a 50/50 profit split. For example, I recently saw an Instagram post about someone purchasing a $2M property with a partner—the partner funded the down payment, while the other investor didn’t put in any capital but still held a 50% stake. How are these kinds of deals structured, and what agreements or arrangements make them work?