I disagree because I and others around me as well have completely disregarded these sayings, rules or whatever you want to call it.It's obviously not achieved overnight but you can raise some serious capital in just one year... think outside the box.The beauty of real estate is exactly the FACT that YOU COULD RETIRE and build your dream life at a very, very, very young age.

If so then I would say his labor is additional to that...as would be the other members..You mentioned you were set up as an LLC not disregarded...so are payroll taxes being withheld from his checks or will he be issued a 1099 for his payments?...

There is no such thing as being taxed as an llc...An single member llc is by default seen by the irs as a disregarded entity.A multi member llc is by default seen by the irs as a partnership.You can also choose to have your llc taxed as a c Corp or s corp if you make the election with the irs.

If the LLC is a disregarded entity then technically you do not change tax payers by placing yourself back on deed to satisfy lenders requirements. 

The exception to this could be if your LLC is a disregarded entity. 

If you create a single member LLC, you won't need a CPA as it is a disregarded tax entity and you will report it on your regular 1040.However, since Olmstead vs FTC, single member LLC are not very good for asset protection anymore in Florida (charging order is not the sole remedy).

The other, I submitted a very low offer, which was not accepted.To my knowledge, there is no way around it unless one disregards it and rents it out.

I guess my first incorrect assumption was that this llc would be treated as a disregarded entity just as a single member llc was. 

For instance, an LLC can be treated as an S-corp or C-corp or disregarded (for tax purposes). 

Its frustrating being disregarded and my time wasted constantly.