The key factor is ensuring you have proper documentation to support all the transactions, deductions, and income reported.

The other person is your investment partner in LLCPartners in LLC pay taxes based on operating agreement and % ownership (each partner gets a Schedule K-1 to report the income from LLC on personal tax return)@Nicholas Dutson more details needed on your property, what it's worth, etc to answer this.

Thank you in advance!

We have about 20 meetings per month on a variety of topics including flipping, investing 101, landlording, multi-family, advanced investors etc.Happy to get you a guest pass if you are interested and also be a resource as a Realtor if you need.

We want to create a fresh home without turning off potential buyers.Thanks in advance!

You will not get audited due to land values you report on your tax return.

Thanks in advance! 

Thanks in advance.  90% LTV product cash out is for primary residence and has no monthly MI pricing is about 1-1.375% higher than conventional going pricing so there is a slight premium for it but it is 30 year fixed and available for those who need the money compared to other options available.You can always transfer to LLC later on once you've seasoned your payment history on the loan for 6+ months to be safe.

Thanks in advance. 

You've already gone above and beyond, but it seems you just dig up more problems.When you run a credit/criminal background, the credit report should list the applicant's current and previous addresses.