When I enter "2" it tells me that my business will be considered a "Partnership" and when I enter "3" it tells me that it will be considered a corporation.I completely understand that by listing my LLC as a corporation, I am adding additional forms and accounting headaches to the mix, but is there a distinct TAX ADVANTAGE for doing this?  

The assignee, it has been often said, is placed ‘in the shoes’ of the assignor.Illinois law recognizes the distinction between the assignment of a right and the delegation of a duty and recognizes that an assignment can involve merely the transfer of a right.

The IRA component remains the same, and you are just changing the processing model and asset choices for the IRA so that you can invest in things like real estate.Here on BP there is a lot of information on the topic, including the distinction Mr.

Some things that strengthen your case even further would be if the property could be separated into multiple parcels and/or if your seller is willing to give you two contracts on the property to reflect further that you are buying two distinct properties.

There is a very distinct line between ADA and Fair Housing.

Both of those times have ended up court, as the tenants have some distinct lower respect for me as the PM/owner than when I am dealing with them from the very beginning. 

I think the distinction between repair and improvement is probably hard to discern from a permit especially when most permits are not very detailed in describing the work being done. 

These distinctions were eliminated YE2017 - Qualified Improvement Property (QIP) is now all-inclusive.

==Investments on the EQUITYMULTIPLE platform (and on many investing platforms) are structured as “pass-through entities” (specifically, we establish a distinct LLC for each investment on the platform).

It could mean running a real estate company of some type, owning an investment (which is distinctly different from managing one), or just being more businesslike in every day investment and real estate decisions.Why Should Investors Approach REI as a Business?