These were character building years and experiences I wouldn’t trade for anything. 

Has anyone else noticed the eerie silence over the last couple of weeks from a lot of the usual cast of chest thumping, self promoting guru wannabe characters that BP has usually been bustling with over the last couple of years? 

Unless you filed Form 8832 or Form 2553 to elect C or S Corp status for the SMLLC, it is taxed as a disregarded entity.You don't have a corporation for tax purposes.Generally, gain or loss is recognized on sale or disposal of the assets (as Michael already noted), the character of which may be capital or 1231 for rentals.Putting money into or taking money out of the SMLLC's bank accounts is not a taxable transaction.If you are uncomfortable with these dynamics you may want to work with a professional.

North Bed Stuy is a safe walk, but in newly gentrified areas you always have 1 good road next to 1 bad one and a lot of characters. 

We received 19 offers on this beautiful home and much of those were attributed to keeping a lot of the original charm of the house.

If you have bad credit - but did pay back what was owed - then that speaks to character and shows that you are a responsible person.

I have seen the one character trait that separates the winners from those who never get started is- drive!

Your brief description did sound a bit like it may violate the rules by basically attacking your properties character.

If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.

I’d like to share one of them with you here.Do what you say you’re going to do.The magic of this principle isn’t actually the act of doing, it’s what the act of doing says about you and your character.