But if you have no skin in the game, why not accept an entity which will likely go up in value over time and through which you build equity in month rent collections?

What type of entity is your business?

Here are the conditions when you must repay the full amount of the credit:You sold your main home to a related person or entity.

Once the lender approves you, you should be able to vest title to the property in your choice entity and the lender will prepare paperwork to follow the same.

Business Overhead (Contracts, Entities, etc)In terms of #1, you can build a buyers list for free...it just takes time and work.In terms of #2, this is where the bulk of your money should go.

If you are a single member LLC, you will not want to elect any kind of entity.

I'm almost speechless, but not entirely.If you guys had not noticed, I took a break from BP and commenting on threads like this one, I may need another break.Did anyone think about the motivation of a bank for selling a jumbo PERFORMING loan at a discount and to a non-banking entity at that?

If so, then you have a disregarded entity and the income will be reported on your personal return.

Our building is through another JV among entities.

The government has favored home ownership for so long, and these government entities have been forced to cater to owner-occupants first, and now they're completely switching gears.