Called an L3C, it is an entity distinct from an LLC.

The reason I wanted to have the property in the LLC name was mainly so that the rent check would be to the LLC as opposed to my personal name for privacy and business distinction purposes.

One of the distinctions between being a truly abandoned or orphan property vs. mere vacant is that the former does not show any signs that anyone cares.

I started investing in 2012 and distinctly remember my first purchase (thought I was going to puke), then when it was rented (thought I had won the lottery) then after about 2 months of collecting rent, remember wanting to ride that rollercoaster again.Good luck!

As soon as I walked in i chuckled at the very distinct smell of air freshener and marijuana.On another property, it wasn't what we found at the property, but what we found at the Police department and building and safety.

The deed you use to convey is separate and distinct from the deed you received when purchasing.

That can be an important distinction.

You can visit prehistoric landmarks, sail into hidden coves, admire picturesque bays and the typical mediterranean scrub that grows luxuriant and spreads its scents all around.

They actually granted us an exemption from the requirement for some time, because A) they knew is was really not viable, and B) we have a solid track record of providing quality client education that they could trust.One option may be to move your IRA-owned LLC to another custodian that does not have this requirement, which really is meaningless window dressing.I will add, we are a  very compliance oriented firm with a distinctly conservative approach to reporting and operations using the IRA LLC platform. 

This is minor distinction but I want to make sure I'm calculating this correctly.I know I could add a new row that would hold the total cash flow (eg D4=D1+D3) and use D4 in the IRR calculation instead, but I feel like there should be a cleaner way.