Aside from large groups of teenagers, I held get togethers at my house hosting 50 people at a time.

The buildings are 100 years old, because of the low value neighborhoods they are in, nobody invested any money in the last 50 years, so everything is held together by duct tape.

Considering when I asked questions about who backs their funds and if they are held within the US... they could not fully respond.

If 100% of the loan and title is held in his name, what's stopping him from cutting you out after closing on the deal?

However, the specific details can depend on various factors, including the type of asset, how long it was held, and any applicable tax exemptions.

Our buildings are held in a 3rd LLC and cash flow approx $100,000.

We aren't necessarily concerned about a monthly profit on our first 10 or so as we are thinking these would be held for at least 10 years.So, a question we have about 2 houses - House # 1-smaller,good area new roof, new window, no basement, no garage, monthly income $140, $6000 left in debt to heloc..........House #2 - larger 4 bed, 2 bath, forclosure, estimated rehab 40k, estimated monthly income zero, zero debt to heloc........ higher value home.  

By law, all IRA funds must be held by a custodian.

That's actually being held by the Stockton REI Network .

Those who just sat tight, held their stocks have been handsomely rewarded as the market went to all-time highs.