Hope you didn't leverage up your RE and buy Bear Stearns when Cramer said they were sound a week before their collapse.

The same thought process applies: rarely does everything go perfectly, and you will bear the costs of the mistakes/surprises once you close.

However, I am now trying to confirm whether holding the property in an LLC with separate EIN (that contractor payments were made from) has any bearing on whether we are required to file 1099s for the LLC property expenses?

This is my first time to post so bear with me.

Bear with me I'm still new and curious but your post drummed up a number of questions for me.

I'm only licensed in Florida but hopefully I can share non-legal info on Missouri real estate investing once I catch my bearings. :-)

Limited load bearing walls, etc.

. :) The reason for the questions is to have another tool in the belt when there isnt much equity, a good mortgage in place, and finding somebody with cash but no credit that wants to step in (creating a exact wrap with me taking a piece of the down payment from the C buyer for my work of putting the deal together).Thanks again for bearing with the newbie :)Jared

.” - Paul "Bear" Bryant

Now it is a chore.My favorite...When you can bear hug a toilet to tote it away and not pay the sticky stuff any mind.Don