My question is, should I keep it as a schedule C on my tax report or create a legel business such as Corp. or LLC ?

What are some things you wish you had known when you started off in the industry? 

My short-term goal is to be closing on my third property before I close on my business/finance degree. 

  : ) @Lance LvovskyMost US tax CPAs/EAs are extremely busy with the 10/15 statutory deadline at this point in time and getting a hold of one for a consult now will be an uphill battle.My advice, read international posts on this forum, jot down the names of CPAs/EAs whose posts you like, and reach out in a few days.

Of course there are people with other resources, high income earners that save a large % of income, someone selling a business or receiving inheritance.  

Investor should get a business account for credit card payment (minimum limit) and a bank account hooked together never give them your personal account info.

I'm sitting on $1.2m in equity and cannot get access, though my business is doing well. 

So it seems like it really comes down to weighing those trade-offs based on your business plans and goals.Was there anything else you learned after starting to invest in KCMO that surprised you or that you found interesting (whether in a good or bad way)?

@Jeanni PrescanDo you have a business entity doing business in Pennsylvania?

In the process of closing on a property in my company name and a partner.  He wants to live in the property and I am looking for a way for him to be an owner occupant and get the homestead exemption.  Thoughts?