Your friend should include as many details as possible concerning how they were pitched the investment in the prom note.

Once the 1031 is complete the LLC dissolves and again the property is distributed to the former members, including the properties just purchased in the 1031 exchange (which each member probably picked out for themselves).This method solved the feared "held for investment" issue. 

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

I'am now on my 4th year with Jerome but no longer am in the 12 month course. instead last year i joined another private group Jerome offers to students that have been apart of the program for a minimum of one year which is running me $30,000 a year which includes another course that dives in deep mostly with Muti-family apartment complexes, Manufacturing warehouses, Commercial Property and even High Rise skylines for people looking to scale their real estate portfolio to a massive level and attain nine figures.I Hope this helps if you have any specific questions or are thinking about joining the program I don't mind referring you to someone! 

One thing that I REALLY hate is that most of this Lawyers have great structures and setups...but very expensive packages that include entities that are not necessary.More info tomorrow.  

I suppose I should have included that info.

Include them even though they aren’t your competition. 

ADU is interesting.It has to be built in existing space (which I think includes garages) and only gets a kitchenette.

Weigh out all of the pros and cons (including costs) and make the decision that's best for you.These are merely my opinions and may not be the best advice for you.

Was at one last week that included City of Calgary who did a presentation on legalizing illegal suites and accessory suites in general