We should discuss a little further on the matter.Email me direct or call me.Best,Daniel Sanchez

Whitney,I am the Director of Sales and Servicing at Sherman Bridge.

So you bought one chair and ten pencils for $60.

I have personally thought about doing this, setting up a C-Corp with my family to act as a board of directors, and own each new investment property as a separate LLC, it sounds good and probably works well but lets talk about some other concerns.Firstly while most lawyers myself included could probably help you navigate those 3 points above, if you are seriously considering the umbrella company strategy I think it would be prudent to search out a skilled asset protection firm.

However, de minimis amounts you pay for tangible property may be subject to capitalization under §263A, if the amounts include the direct or allocable indirect costs of other property you produced or acquired for resale.

Anyhow, just about fell off my chair when I saw this post come back to the top.

"Comfort height" "Chair height" "ADA height", all refer to the same height of 17-19 inches.  

This included 2 couches with end tables, coffee table, 4 chairs for the island bar in the living room/kitchen.

Once you get all of your systems in place and have the right team members performing the tasks for you (leasing agent, maintenance man, marketing director, etc.) then why not start taking on other properties?  

The housing director of 40 years was fired.