[newbie] First BRRRR in three person LLC - tax question

[Lowry Coe]

Hello,

I'm in the process of my first BRRRR with two business partners. We are a three-person LLC and purchased the property in early December. I would like to know what considerations, tax docs, etc. I need to get all set up. I'm doing some Google research and am having some trouble finding exactly what I need.

It's a SFH in Tulsa, OK. No renters yet. Still rehabbing the property. Happy to provide any additional insight needed.

Thanks in advance for your help! 

[Tristan Gardner]

Quote from @Lowry Coe:

yes

 @Michael Plaks said it perfectly. You'll want to hire both of those parties. They will handle most of the work for you. Yes it costs money, but messing the contracts and financials up will cost you significantly more