Unfortunately, the world doesn't change financial dynamics when elderly/disadvantaged/etc tenants/people/subjects/etc enter the equation.

Employees are at a disadvantage compared to business owner that has Schedule c benefits.

good morning everyone,
I have been looking nationwide for full terms fixed rate financing and cannot find it. I have encountered a recent killer deal, but most banks will NOT loan to you period, if your LLC owns the ...

As per the previous messages in this thread, there are disadvantages to garage conversions.

This website is a good recap of the advantages and disadvantages of an LLC. http://www.bizfilings.com/learn/creating-llc.aspx  I currently manage 9 LLCs 5 of which hold a single property and 1 that holds multiple properties and 3 that run businesses.

What are the benefits/disadvantages of owning an LLC compared to receiving the commission directly through your name at the end of the year as a 1099? 

The purpose of this post is to start a meaningful discussion to find potential partners in real estate investors, builders, handyman, property management, and real estate development while gaining knowledge of each industry's advantages, disadvantages, and how each industry can combine to maximize efficiency, profitability, expansion. 

Being that you are already at a small disadvantage being away form the investment you do at least want the law to back you up in the event of an eviction.  

There are children in the home and NYC is a tenant friendly state so you are already at a disadvantage.

If it is not on the MLS the agent is probably thinking she can represent both you and the buyer, getting 100% of 4.5% rather than 50% of 5.5%.The sliding scale would likely work to your disadvantage.