I am hoping someone can help me since i cant get an appointment with any local cpa's until next month. I have 3 rental houses, all single family homes. I want to seperate them from my personal taxes and my goal is to have them under there own llc or similar so i can deduct more business expenses, specifially I am trying to buy a vehicle for the "business" and want the expenses for the vehicle deducted from the rental profits. Can I do this? The properties are currently in both my wife and my personal names and have been filing under our personal taxes. Thanks!
