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Updated almost 10 years ago on . Most recent reply

Keeping track of expenses as a new business
I know that I want to move forward and become a real estate investor. I am buying some books, accounting software and incurring some legitimate business expenses like mileage as I look at potential properties.
What is a good way to have these expenses fall under a business entity? Do I start with just a sole proprietorship so the expenses are tied to a company, or can I just record them as business expenses on my personal taxes and form some kind of business entity later?
Thank you in advance for your advice.