Hello, in 2019, I purchased my first rental property. I intend to purchase additional properties in the future and would like these to be under the umbrella of a separate rental property investing business. In the months prior to purchasing my first, I incurred some expenses (e.g. professional development) unrelated to the property itself.
I see that TT allows me to enter income and expenses related to the property in the "rental properties" section. Given what I've said above, should I also set up a separate business? Would I then just enter the expenses unrelated to the first property in that section? And how would I link the income and expenses related to the property in the "rental properties" section to the income and expenses for the business I create?
