If its going to make or break him, might be better for mental health to sell.Austin is a great market and Id be willing to bet the vacancy could be plugged quickly. 

Indy is affordable, is landlord friendly and has a diverse job market (FedEx, Eli Lilly, Indiana University Health are 3 major employers and there is starting to be a small tech presence).

Are the LLC's multi-member LLC's - If they are, they would be required to filed a separate partnership tax return.Your profile mentions that you are a real estate agent, you may want to see if you are eligible to claim real estate professional status.

Maybe better than list status for each user, you could simply show how many people are currently in the chatroom.

Hi Darius, there are a few ways to qualify without REPS status.

So, you need to be prepared.Potential expenses to consider:Food, shelter, taxes, income taxes, fees, insurance, health insurance, medical emergencies, family, auto payments, auto insurance, utilities, cell phone, Internet, clothes, and pet care (if you have one).

A potential tenant filed a housing discrimination by maritial status against me (Owner) and realtor (Rental). 

According to the Fair Housing Act and the Americans with Disabilities Act:Even if a landlord has a no pet policy in place, the law does not consider service animals as pets and therefore the service animal is exempt from such a restriction.Service animals are allowed anywhere a person would go, including food areas that would normally restrict an animal’s presence.Landlords cannot charge a pet deposit or pet fee for service animals, however the tenant is liable for any damage that the service animal may cause.Landlords can require written verification from the tenant’s health care provider that they are disabled but cannot ask for any specifics about the disability.Landlords can require written verification from the tenant’s health care provider that the service animal is needed.Landlords can request copies of the animal’s health records to prove the animal is in good health, parasite-free and immunized/vaccinated.Landlords can write warnings or even evict a tenant with a service animal if the animal is disturbing others, posing a threat to others or causing considerable damage to the property.In other words, you can ask for appropriate paperwork concerning the tenant’s need for the service animal and to verify the animal’s health. 

We've been looking into acquiring suitable properties with our agent but the issue we're running into is the licensure specs (Maryland) contemplate owning/leasing the property before applying for a license (background - grandfather started the process 8yrs ago but deal fell through - given his professional status he was able to waive many of the licensing hurdles so not concerned about hiccups in the process). 

Not my doing.6 years ago I elected s-corp status (from c-corp).There is no mortgage, and therefore no due on sale issue.The issue is the appreciation and what will and what will not trigger the recognition of a capital gain.I have seen various articles that describe ways of migrating assets from s-corp to LLC that does not trigger this.I was hoping for corroboration and more detail.