Therefore, you would need to file partnership returns for each LLC.Given these considerations, both approaches could be correct, depending on the specific circumstances of your LLCs and state laws.

Whether you fix it up or sell it as is depends on what your market dictates.

Just withdraw it—it’s like a checking account.The Risks (Depends Who You Ask):A lawyer says everything can go wrong.An insurance agent says the same (so they can charge more).An engineer?

Texas boasts affordability and business-friendly policies, but lacks some cultural amenities.It depends on your priorities!

It really depends on market demand and location.

Ultimately, the decision depends on your goals, the local market, and the potential for growth.Good luck!

All depends on the operator, the segment there playing in. 

Heloc interest deductibility depends on how the funds were used.

This way I get paid upfront for my work 1-2k plus I know I have another payday at some point in the future if the deal closes.The costs to fully develop a property and sell for near retail usually involves the costs below and takes 2-6 months or more in some cases, but the profits can be huge if you're working in markets where land costs are high:Title 200-400Legal 500-2000 depending on zoning issuesIf wetlands are present AND its a buffer zone project: 2000-5000Perc & septic design if needed 1500-3000Treescaping & cleanup for retail sale 500-1500Selling costs of 6%I tend to stay clear of properties that need more than the above expense items.  

Breeya Johnson Markets depend on your strategy.