Partnering to invest into a 2-3 flat building somewhere in IL.

[Christian Blanco]

I own one home and eventually going to do a long term hold in North Carolina by renting it out. I used my VA loan to start out my investing journey. Now, my plan is to buy a 3 flat building or something in that nature with my brother soon. My question is how would you attack this situation for tax advantages and rental income. Should I create a business account, how does splitting the initial investment work etc. Also, my other brother is planning on living in it too. What is the best way to approach this investment.