You'll need to approve actions taken by the LLC in the Corp minutes and LLC minutes and by defining what needs to be authorized and what can be accomplished without specific approval will save you hours of time.

ROBS stands for rollover as business startup.Over 20,000 ROBS have been funded to date and fortunately the IRS has published guidelines on ROBS.October 2008 Memorandum:First official publication where the IRS formally addressed the ROBS arrangement;IRS confirmed that these transactions may be not challenged as “non-compliant per se”;IRS summarized the steps involved in the ROBS transaction; andIRS identified compliance pitfalls including the failure to file the annual retirement plan form 5500 tax return, the failure to file the corporation’s tax return, & the failure to obtain an annual valuation of the plan’s assets including the investment in the corporation stock2009 - ROBS ProjectIn 2009, the IRS initiated a “ROBS project” to define traits of compliant ROBS plans and in doing so acknowledged that a ROBS transaction can be conducted in a compliant manner. 2010 – IRS Telephone Forum In a 2010 telephone forum conducted by the IRS, the IRS’s Director of Employee Plans Examinations Office and the Area Plan Manager stated that ROBS transactions are not “abusive per se” and that “you can have a textbook ROBS that is pretty much problem-free.”Fall of 2010 Retirement News for Employers: Brief SummaryThe IRS confirmed that the ROBS transaction is not considered an abusive tax avoidance transaction;The IRS confirmed that it does not protect business owners (also known as the plan sponsor) from incorrectly administering the retirement plan;The IRS confirmed that if the rules are not followed the retirement plan will be subjected to adverse tax consequencesFebruary 2013 Employee Plans Compliance Unit ROBS Project: Brief SummaryMuch of the same information contained in the October 2088 Memorandum was published in this summary; andThe IRS again confirmed that ROBS is not considered abusive transaction.

Define net cash flow - does that include taking out reserves for capital investments and repairs, vacancies, etc.?

The Rs are all for capitalizing off every aspect of life, government has a role to play IMO, what private enterprise can't supply socially and economically, schooling is one of those issues.

Define your end goal and the play around with the rule of 72 to figure out a more moderate annual return that will get you to where you want to be.

Various aspects of social, economic, political and municpal management are considered in planning.Redevelopment is generally looking at economically deprived, less functional areas, identifying properties that are not utilized at their highest and best use.

I attach this to the lease and it covers all aspects of owing a pet including vaccinations etc.

Bill has outlined the concerns for the investment aspect quite well as usual.

I have no real estate experience (I am a photographer), but I know that when my wife and I purchased our first house, the photos were the 1st aspect of the listing that even got us interested.If there were no photos, we moved onto the next listing.

After the purpose is defined you must have a board of directors, unrelated parties but they could have had and occassionally have other business dealings between them.