From a documentation, the LLC operating agreement will need a few extra provisions to comply with the Opportunity Fund requirements.A fund is easy to set up from an IRS standpoint, you simply file a form 8996 with the LLC’s partnership tax return.

This should be stated in your lease and you should provide a guide instructing the tenants as to how to comply.

Instead what some do is say “ sorry sir /ma’am /it/shim you didn’t meet our credit and income criteria “ You must comply and screen with fair housing protected classes in mind .

Hopefully will be able to evict one tenant to comply with the conventional 5% down loan.

You always want your contracts to comply with specific state laws.

You would have to purchase the property from the LLC to comply with 1031.As an aside, if you purchase the 50% interest in the properties that he owns he can then choose if he wants to do a 1031 on the interest he sells to you. 

In our area you can’t have more then three full grown dogs so if we let dogs breed and they can’t sell them all, then we are stuck with a family that has too many pets and can’t comply with local ordinances/code.

The FHA doesn't apply when a single-family house is sold or rented without a broker, so long as the owner doesn’t own more than three houses.Religious organizations. ...Private clubs. ...Senior housing. ...It’s important to note that even if your property is exempt from the FHA because of one of the reasons listed above, you must still comply with the law's ban on issuing discriminatory statements, notices, or advertising (42 U.S.

Tax returns are intended for the IRS and must comply only with IRS regulations.  

Your response to my email about that stated I was told by Josh S. the deadline was 2:00 which I complied with was...