However, Technically you should have filed partnership tax return where he would have recognized his portion of yearly activities and sale at the end.

They are currently almost entirely rented condo or townhouse style units, producing income.

@Robin CastilloLLCs are useful for legal protection, but they require separate tax filing, typically cost several hundred dollars to create, and most non-commercial lenders will not lend to LLCs.Commercial lenders will lend to LLCs, but their interest rates are significantly higher and they require collateral that regular lenders don't.I would not create a LLC specifically due to the issues in getting a traditional mortgage it will likely cause.One potential route though, is to get a traditional mortgage in your name and then assume the loan after a 6mo "seasoning" period with your LLC.

With 4 fully paid off properties and 10 doors producing $10kish per month in the next 5-6 years, I think that achieves what we're looking for.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

So I need to file the Statement of Claim, and have questions about the form and process.Do I complete the form, have it served to the tenant by personal service, then file it with the court?  

The Series (child) should file an assumed name with the Texas SoS to connect the Series with the Series LLC (parent). 

We ran title and there was recently a $20k lien filed by a property manager. 

You’re looking for the number of appointments that chunk will produce.  

Hello everyone, in my first 90 days, I took the challenge and found my first investment property with incoming producing tenants.