If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Do not rely on it for legal advice.

Some of the laws in NY changed recently and you are required to obtain a certificate of no harassment, No permits will be issued until it is resolved.You will need to work with the current tenants for this certificate to be approved which can take up to a year or more, Definitely something big to consider.  

One hurdle you may have depending on location is zoning approval.

What kinda hurdles do you have to overcome to get approval, and how long is that process?

Out of 2,500+ investors we have as clients, only a small handful invest as an LLC.I could see the point to an entity if a group of family members or friends were pooling their money to invest in a syndication or several syndications, but outside of that scenario I don’t see the point to it.But don’t listen to us, get competent legal and accounting advice from those licensed to give you proper advice after evaluating your legal and financial situation and risk tolerance.

Your question is a legal question, so seek legal advice.

The aim is to expose businesses attempting to conceal illicit gains, thereby identifying those involved in criminal activities.As for a Home Owner Association (HOA), whether it needs to comply depends on its legal structure and tax status.Most HOAs need not file, except 501(c)(4), which probably need to comply.Who is Exempt?

Wondering if there is any other legal way of minimizing double taxation for my Cayman Partners. 

We chatted for almost an hour, he showed me around his place, and I got to know a bit about him—a really nice guy.Then, at another spot, I drove up just to look from the outside (since it was “showings for pre-approved buyers only”), but the seller came out, curious about what I was doing.