In other words, you're really not getting around the wood eating creatures unless you maintain an active termite bond/annual treatment from the date it's built.

-This discussion is about the selection of tax treatment under an LLC- @Ben Sinkunas Can you tell me the difference between an S-corp and a partnership in how they are treated on taxes?

Unless you elect s-corp tax treatment.  

Have you found South Carolina's property tax set rates and it's treatment of homes without a homestead exemption to be a hinderance to finding properties that cash flow?

I would only go this route if required under legislation.You could even specify a different treatment for tenants who are frequently late (i.e. 2, or more, times in a year) and have the late fee assessed on the 2nd.When we assess a late fee, it is due with the overdue balance of rent.If it is written into the lease, there is no need to send a letter ... though you might send the tenant an email reminding them they now owe a late fee in addition to their rental arrears.We also have a hard-stop where we issue a Notice to Vacate: For tenants who are late paying rent for the first time we will wait until the 7th.  

It's also ceilings, window treatments and ductwork.

Hi Patricia, Contrary to what you read, foreign properties do qualify for 1031 Exchange treatment. 

Tom White, Realtor with Boulevard RealtyCameron Hooten, Chief Inspector with CPI InspectorsJeff Lucas, Lender with Commerce BankBrian Dillon, Inspector and Treatment with Dog Gone Mold, Inc.Michael Smith, Property Manager with Renters WarehouseBen Gilmore, Insurance Agent with GrainBelt Insurance, LLC

But when he moved out we had a colony of bed bugs that had never been seen before. 12 chemical treatments and 6 heat treatments (I even stopped by the last one and gave the techs $100 bill to crank it to the max) and six months of no rent.

I am currently looking into purchasing a duplex that backs up to a water treatment facility.