I'm sure you'll get differing opinions but this sounds more clean and simple to me.

However, a simple security system would deter this.Personal Safety -  I assume you are using their ID to run a background check and deciding if their history affects your safety, correct?

Others asked simple question and just got rude snarky replys..

I put quotes because its simple but many people make it more difficult.

2 partners and I are looking to purchase a small, 13-unit office building in a bustling local town in northern NJ.My question is simple - Am I foolish for buying office space right now?

I'm not satisfied with not filing the rental in an LLC simply because it's more simple and might cost me an additional filing fee .

This process is relatively simple and can be completed through a title company or real estate attorney.

Just keep everything as simple as possible in the beginning.

Originally posted by Account Closed1) https://www.youtube.com/result...2) https://www.youtube.com/result...a simple google will find details on tax strategies for RE investors, just find a good local CPA who can work with you and is knowledgeable.  

The rules are pretty complicated and the only people who really know all the terms and rules thoroughly are the Rent Levelling Board.Caveating that I’m not an attorney so go seek your own advice but I clarified a few things at a recent rent levelling hearing (which are open to the public and you can find the schedules with a simple Google).