Hey there
In 2022 i want to start buying single family homes and possibly triplexes and renovate them and rent them out to other people. I want to setup a network of homes & my goal will be 5-10 to start.
my question is do i need to start a whole new business if I already have a sole proprietor setup currently under my gym business?
Also what is the best route to file as for when i start buying properties and renting them out?
If you can please link some additional information so i can learn the best strategies for leverage my money as well as protecting it from taxation.
I want to produce eventually have 100s of homes as rental properties to create a surplus of cashflow so my family and I can create generational wealth to provide for our family and my kids.
thank you for your help!
