LLC is pass through income so have your bookeeper or CPA take care of everything at the end of the year for your tax documents.

Be careful the seller isn't unloading a problem on your.

I would be very careful in working with a 1031 Exchange Qualified Intermediary that provides ("sells"0 replacement property solutions as part of their services. 

Regarding leverage - use it carefully!

Don't care for the Pistons or Cavaliers.

@Camille Romerounless you are able to spend some significant time in your chosen location in person, and work on building a network there, i would pick a market closer to NYC, within a couple hours.  

All the IRS cares is that the taxpayer is the same. 

Just be sure to research your target markets carefully to maximize returns.

Care to share?

You can list all the reasons why you charge $250 for a one-time shoveling, but nobody will care when there are other vendors doing the exact same job for $100 or less.I'm in a city of 10,000.