My issue is during the process to close the deal I discovery the property was incorporate as a nonprofit.

My boyfriend will be a journey man carpenter this time next year and I am a certified interior decorator so I would like to incorporate staging in the homes we flip in order to hopefully increase the homes value that much more.We have a lot of plans but are ready for action and to start however we can in whatever direction limited funds will allow.If any of you have any advice or know any hard money loaners or bird dogging options in the Saginaw, MI area we would love to get started.

Intention is to have a parent holding LLC with subsidiary LLCs to hold assets, form joint ventures and possibly one as a holder of interests in foreign entities (we may do some investing in South America too).My wife/partner is a foreign national in the US and does not have any US based documentation (no Tax ID, no Green Card, no SSN, etc) at this stage but we do intend for her to get residency documents in the next couple years.The plan now is to incorporate the LLC(s) beginning in January with myself holding 50% and my foreign national wife holding 50%.  

Example: 30/70 split between Matthew Brown and his solo 401k plan (Chargers Solo 401k Trust)How the property purchase is recorded: Matthew Brown, an undivided 30% interest and Chargers Solo 401k Trust , an undivided 70% interest.Compliance NotesThe percentage of ownership is determined by how much funds each party invests at time of real estate purchase.All expenses and income are shared based on the ownership percentages.No debt financing can be incorporate under a tenancy in common (TIC) transaction; otherwise, the transaction will be deemed a prohibited transaction.

Vacancy at 5% of gross rent would equal $3,285 / yr, which ends at -$-473 cash flow.So if PM and Vacancy were incorporated at current rent rates, would lead to negative cash flow.What is RUBS?

I'm definitely going to start incorporating that idea on the next properties I look at.

And Kama Ward will be glad to know Biltmore is safe at 175,000sfIf anyone is interested in the house Bill Gulley mentioned here is a video:http://today.msnbc.msn.com/id/44607760/ns/today-today_news/t/take-tour-billionaires-high-tech-castle/#.UAVVcnDXGMYActually some of the green and disaster-proof technology he is incorporating is pretty cool.

Does snow load need to be incorporated .

You need to incorporate with an attorney and not off-the-shelf or download from a website incorporation papers, it needs to be modified specifically for the intent and purpose of the business.

Is it roughly the same product or completely redone to incorporate the changes QBO has implemented over the years?