@Jorge De Jesus Interesting.

@Kumar GauravYou would generally capitalize this expense under both the De Minimis Safe Harbor and the BAR tests. 

Wyoming offers anonymity (if that’s important to you), lots of the same corporate protections that Delaware does, costs less, and has relatively instant registration opposed to Delaware which takes several days.I’m happy to connect with you if you’d like to discuss further. 

Was just interesting to me since I saw it as RS3 which I thought means single family only but maybe you guys are referencing more official sources that show accurate zoning for an address@paul @Paul De Luca , if the assessor site shows a property as “apartments” for description even if it’s use is listed as single family, then that means it’s actually a legal multi unit and can be turned into 2 units?

Approaching it as a problem that CAN be solved is often all that’s required to de-escalate instead of escalate a situation.

The passive investors put up all the money and take all the risks and then get taken out when the property is de-risked and stabilized.

Enviáme un mensaje con cualquier pregunta acerca de inversiones pasivas.

In DE state you need to get a state license to do major work even on your own home, like getting new service or upgrading amps of existing service.In some PA cities, you can not work on your own home doing plumbing or electric if you are not licensed and reguistered wuith the city. 

As of late I've been considering the move of investing in Delaware, Dover to be specific.

(1) Grouping a syndicate interest with other real property interests often raises the bar for the material participation requirement under the passive activity losses regs unless the LP is de minimis.(2) Yes..definitely...perhaps..it depends on your facts and circumstances.