My friend's father, also a real estate investor specializing in multi-family properties, has numerous LLCs established (her guesstimate was about 18 LLCs) for tax purposes.

Great information & colleagues that facilitates learning & growing.

I think you'll find you pick up numerous tips and great info along the way!

From a fellow BP addict who has attended BPA numerous times (bigger pockets anonymous) and failed to quit, congrats on reaching 500 posts.

In DC, if you can cashflow $200 per month on a property, thats pretty good in my book.The reasons that not everyone is jumping in and buying instead of renting are numerous:1.

Don't just read that as a conveyance to a trust being an exemption, the trust conveyance is in connection with an estate planning matter and personal asset protection, using a trust to facilitate a transaction is not exempt, but generally harder to identify.

If you are doing them as a business facilitating sales and leases, you could be in violation of agency requirements. :)

I have done this numerous times with title companies but some of these real estate attorney's in Northern New Jersey don't understand creative real estate investing.

Real estate is my love....but I don't want to be an agent (unless I get my license to facilitate my own deals and save the commission.)

I have to keep these forms on file for each person I talk real estate with.We have 'Buyer Agency' 'Seller Agency' and 'Facilitator'.