Notwithstanding the foregoing, if the value of Scott’s interest in any of the LLC interests listed on Exhibit B increases as a result of his active efforts, the appreciation of such assets shall be deemed Marital Propertya) Active shall be defined as exclusively engaging in gainful self-employment working toward the growth of his LLC interests listed on Exhibit B, successor LLC’s, spinoff LLC’s, or any other LLC or gainful acquisition made using premarital funds, mortgages, or other financial instruments to fund growth.

Hey BP Community,Long time reader, first-time poster here.I wanted to introduce myself, and start engaging with the BP readers.

It looks like the main thing is that your parents would have to hold the property for a minimum of two years in order to convince the IRS you weren't engaging in cost swapping. 

I would at turn over endevour to take all carpet out and replace with hard surface flooring.. also depending on the size of the company and man power it could be hard to get instant communications.running rentals or running PM's is not a set it and forget it thing. you have to be diligently engaged

They were not open to learning anything about the situation, and said so, but did they make any additional comment or engage in any discussion about the problem or the solution.

VRBO is a major player in Sevier County market.

It's pretty easy to see by these posts who has worked with General Contractors successfully and those who have not.When folks condemn a whole profession because they've been "burned" at some point in the past, it just shows how ignorant they are.Of course you need to research whomever you are considering working with and General Contractors are very easy to assess once you know what to look for.Instead of complaining after the fact, get better at conducting your own due diligence.Contractors, like ANY profession has some bad players, BUT it's your fault if you haven't done the proper research.Just a thought.

(I went to UofM Dearborn so I have basketball players rent out the bottom unit)The only thing that made it hard in Dearborn was how high insurance and property taxes are.

I rented a SFH to a couple that just got engaged.

@Sam Besong Wholesaling as you are practicing it is illegal in Massachusetts unless you have a license to sell real estate.Here is Mass General Laws, Title XVI, Chapter 112, Sec. 87pp, describing the activities that require a license:"''Real estate broker'', hereinafter referred to as broker, any person who for another person and for a fee, commission or other valuable consideration, or with the intention or in the expectation or upon the promise of receiving or collecting a fee, commission or other valuable consideration, does any of the following: sells, exchanges, purchases, rents or leases, or negotiates, or offers, attempts or agrees to negotiate the sale, exchange, purchase, rental or leasing of any real estate, or lists or offers, attempts or agrees to list any real estate, or buys or offers to buy, sells or offers to sell or otherwise deals in options on real estate, or advertises or holds himself out as engaged in the business of selling, exchanging, purchasing, renting or leasing real estate, or assists or directs in the procuring of prospects or the negotiation or completion of any agreement or transaction which results or is intended to result in the sale, exchange, purchase, leasing or renting of any real estate."