Ask an accounting advisor if theirs any benefits to one or the other, but I haven't found anything significant beyond if theres a lawsuit, the LLC's state laws can be involved. 

This would involve recognizing a loss on the portion of the property disposed of due to the replacement of the roof.Your understanding that taxing insurance proceeds and tracking depreciation or partial dispositions are distinct matters is correct.

I had to fix damages and clean extensively after she left.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Your deal structure involves a hybrid approach of a land contract, "subject-to" financing, and flipping.

I think you're gonna see a lot of deals underwater trading before year end, with banks trying to clean up their balance sheets.5.5% with 25% down is a very competitive rate.

Become a member and get involved.

I am also eligible for the Section 121 exclusion for this transaction.I received two 1099-S forms from the title company: one reporting the cash proceeds (box 2 for Gross Proceeds) and the other showing no amount in box 2 but with box 4 checked, indicating the transaction involved a 1031 exchange.

Also they remove the need for a chimney and individual water heaters since the exhaust is essentially moisture. our HVAC does most of their work in the city if you want contact info- He's installed 3 for us just this last year lol In basic terms It would involve:-Permits / approval-Additional Meters X 3 (all thru UGI, they coordinate with contractor)-3 additional units to accommodate each apartment.

Maybe something Texasthemed or even Waco specific involving the university or the Silos, or aspecific theme for the house to name it after.