That said, the IRS allows "any reasonable method" of allocation which of course includes FMV.

Good luck and feel free to reach out if you think that I can be a resource.

I would not be a good resource to you unfortunately for providing information from an investor stand point with these types of transactions.

If the PM is competent they’ll have the necessary resources to get these folks out of your unit asap.

(Source: Gordon James Realty https://www.gordonjamesrealty.com/resources/knowledge-hub/be...)2.Tax Benefits: Leasing to your LLC allows you to charge rent, creating deductible business expenses.

Happy to serve as a resource for any questions you may have!

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

Do you know of a resource for a list of questions to ask a sponsor during due diligence?

He may be a much better resource on the possibility of hitting these numbers.  

How have you gotten aligned with your co-buyers in the past (any exercises, tools, resources, processes, etc you've used) and how might you do things going forward?