And until you have a proven track record, you are likely to have difficulty convincing private backers that you are a solid investment.

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.5.

Through that meeting she introduced me to her son who is also an investor/agent in a different market and both have proven to be very helpful and genuinely interested in my progress. 

@Jay Helms I stand up during the members part of our monthly in-person REIA meetings, and announce that I'm happy to talk to, or have coffee with, anyone who wants to talk about real estate.And then, because of that and the fact that some folks recognize me from posting on BP, I usually have a ton of people come up to me during the break and after the main meeting.To be honest, it's exhausting, and sometimes I head to the bathroom just to hide for a few minutes before I can deal with The Crowd.

I know NY isn't a state that officially recognizes land trusts, but Florida is. 

I think buyers recognized the value of design, but it was just not typically available to them.

.)● Gain included = (Reinvested amount - basis increase) = 1M - 100,000= $900,000.If A also sells the investment in QO Fund in Dec 1 2031, 10 years later, he does not recognize any capital gain on the sale of his investment in QO fund.If A sells the investment before 10 years, basis in the investment is based on the time it is sold:Basis starts with Zero and increases in this order■ Held for 5 years - 10% of gain reinvested■ Held for 7 years - 15% of gain reinvestedBasis at 5 years = 100,000Basis at 7 years = 150,000Thus gain/loss is determined based on the FMV of the investment less the basis at the date of sale.

A year and a half ago we decided to fill the need and started the Meetup, Commercial Proven Profits in Columbia/Elkridge MD.

Now these are cash out loan rules for Fannie/Freddie loans (if you recognize those names). 

My understanding so far is that a C-Corp is preferable to an LLC for a Canadian as the CRA doesn’t recognize LLCs the same as the IRS and you’ll end up being double taxed.