We have education in real estate principles, real estate law and real estate finance.  

Because you are essentially buying into an existing business, the sale of it could generate a disproportionate amount of tax for you given your time in this deal.

FL has a ridiculous number of low-value properties, everything from essentially campers on 55+ lots to MH parks everywhere to run-down shacks in much of the rural areas, all of which is going to drag down the average premium.

I am essentially in the property for nothing besides closing costs as the land appraised at $45k.

When we prepared the lease agreement, we were very explicit and essentially wrote it as a triple net.

Understanding the preferences of the Hamptons luxury market is essential.

The rates vary throughout the State because of the different millage rates and tax districts, but in Richland County for instance, the taxes essentially triple once it goes from legal resident to non legal residence. 

Using a HELOC to pay down your mortgage $15k per year, then paying off your HELOC.The two yield essentially identical results.

Title Co, PM, Contractors, process server, RE Atty, Handyman, Lenders, insurance etc.....We were also building a wholesale business at the time so visiting the market was essential.  

When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.