If you are transferring it to the LLC, the other members are getting hosed because they are inheriting a tax gain/liability that you took 100% off.

Sounds like a win win, but a hydraulic line blowing on equipment and dumping a few gallons of oil on the ground and a light rain to run it down the street can turn a couple easy bucks into a head ache if wasn't addressed beforehand.Best of luck!

I'd hate to make a decent profit and end up getting hosed at the end of the year!  

Finished basements are not a good idea due to risk of flooding from a) high water table, b) poor drainage from exterior of house, c) water heater leak, d) plumbing pipes letting go. e) washing machine hoses bursting, f) basement bathrooms, g) sewage backups from the street, etc. 

You might be able to find the cause of the leak.If vacant, try contacting the owner.It's best if you can find the source of the leak to stop it, but if you can't, try using hydraulic cement and/or DryLok™ on the leaking wall.  

It's been a little like drinking from a fire hose with all the info on BP but so far it's been amazing! 

Does any one ever rent out a house to hosing program for Amy recruiter.

It's my understanding it was really only the Super Hot Markets that got hosed and that MOST of America had foreclosures going on but that displaced home owners made rents go up.

There are deals to be had, but you have to understand what you want so you don't get hosed.

the way I look at a sink move is moving water lines with the shark bite type hoses is pretty quick, but the waste lines still need to be figured in.If he's a DIY guy, (and con do workmanlike quality) it's not too bad of a job with a basement available.A slab is another whole train of thought for me.