I assume we will just treat this as ordinary income for the company and split it according to our by laws at the end of the year with our individual K-1s.My questions is , does this sound accurate?

Any recommended individuals or small firms would be greatly appreciated.Thank you

I had read some articles online that even in joint tenancy, where multiple people own and are on title of a property, only the individual(s) legally obligated to the debt (i.e. named on the mortgage note) can deduct the mortgage related expenses (interest).

If I was the party suffering damages, I would sue the broker, the owner(s) of the brokerage firm individually and the individual agent.

I am curious to hear what other people have done to find a property owner who is interested or how you got one to be interested in doing a MLO.I have been making phone calls and have found some individuals who have stated their interest in moving forward so there will be more to come with that.

I am a very driven individual and look forward to the successes and hard earned lessons (hopefully not too many lol).  

All of my recent conversations with lenders have focused on borrowing as an individual.

I've talked to an individual I work with now, who has obtained several business licenses and has made the comment multiple times that I should pursue obtaining a license as well.

The shares are first presented to the members to buy back and then if nobody wants them, they are offered to individuals outside the llc, but ultimately need to be approved by members.

I'm committed to trying Quickbooks Pro Desktop for Windows to handle the books for a 12-unit property I just closed on.