You simply pick a name and create your articles of incorporation it will provide you with an EIN number go to your bank of choice and open up a business checking account.I live in Florida and have created multiple LLC's on that site in minutes. 

But, creating these unique properties is what she loves to do, and she has a natural eye for design.  

Catching up on your posts, this one explains a lot about the new, new changes that will be going into effect.

I wish you luck in your hunt, and it will surely help to have a reliable local acquaintance act as your eyes and ears on the ground.Feel free to reach out directly if you have any other questions/just want to discuss!

We took lots of the thoughts and ideas at the time to heart and incorporated them as best we could. 

I’ll keep my eyes open for some deals...or try to create some!

I bought a house in a Lennar subdivision to turn it into a rental the following year. My concern is the rough looking Valero corner gas station plus area around the gas station coming off the highway exit to go down t...

Essentially, the cap rate is the proportion of Net Operating Income (NOI) to the property's value or selling price:Cap Rate = Net Operating Income (NOI)/Property ValueThis ratio offers a direct method to evaluate the yield a property generates in relation to its cost.For advanced real estate investors, integrating additional factors might prove beneficial:Vacancy rate: The duration the property remains vacant.Operating expenses percentage: Includes insurance, utilities, and maintenance costs (excludes mortgage payments, depreciation, or income taxes).The adjusted formula for net income, incorporating these considerations, is:Net Income=(100 − Operating Expenses %) ×(100 − Vacancy Rate %) × Gross Income

It seems like the IRS is simply giving me as the organizer, or managing member the ability to choose one or the other scenarios, with either a clause in the operating agreement, or written on the Articles of incorporation/formation, or simply by a Members Resolution.

This perception in the investment community is often with the presumption that cities like Charlotte, Jacksonville, Orlando, Tampa, Atlanta, etc, are all cities similar in population to other cities across the US.. but if the populations are comparable, what is the catch?