when you find a deal and want to secure it, you put it under contract.

Ensure your records include details of any hired help and the tasks they performed.

Homeland Security is also working on the Norada cases. 

Hey @Anthony Dupre, whatever you decide for your entity structure, ensure it's simple enough for you to easily abide by the structure in your day-to-day operations.We've had bookkeeping clients with complicated structures that apparently protected them to the maximum degree but they didn't abide by the structure when conducting transactions in their business daily (lots of unintentional commingling).

The goal for our work is to get your rental set up on a platform, vet your first tenant and then get the tenant secured before you are independent.

Hey Becky,When you sell the property, the LLC will still technically own the property until it is formally restructured, so you will need to amend the LLC’s operating agreement and update its ownership structure to reflect the change, ensuring the absent partner’s interests are properly dissolved, and taxes are handled accordingly.

You want to make sure that asset is secure.

However cash is a hard no for me because I feel having it around and transporting it provides a security risk for me.

It's a strategy that has proven effective time and again.Five years is a solid timeframe to account for market fluctuations and ensure profitable sales.

The city's strong rental market driven by a growing population ensures a steady income stream.