That is a huge distinction between those of us who do it legally and morally and those who don not.To touch on a few things you mentioned above, part of the topic discussion of creating wholesale deals IS having a buyer to purchase it so I think we are on a relevant topic with our debate.

You also need to understand the distinction between private money and hard money. 

There is absolutely nothing special about Series LLC for tax purposes, as opposed to a regular TX LLC.Their distinction is in the legal protection, not taxes. 

The Fair Housing Act makes no distinction. 

Seeing this distinction might make her feel more comfortable.

These intangibles generally have a tax basis of 0 if self-generated, but the FMV is likely much higher.It helps to think of the individual as operating in two distinct and separable capacities here with respect to his or her S Corp. 

I didn’t grow up in a financially savvy household, but even as a kid I remember having a distinct awareness and understanding of supply and demand and its impact on prices.

I didn’t grow up in a financially savvy household, but even as a kid I remember having a distinct awareness and understanding of supply and demand and its impact on prices.

I appreciate the distinction you made.

If there is no loan, you can pull the equity out, but both parties would probably have to sign for it though. it seems that  the property is owned 100% by the LLC, and you own 25% of the LLC. this distinction is important to remember.