This brings a few questions:1) How long do we need to occupy the multi in RI to satisfy the requirement?

We are looking at setting up an AZ trust but I have to consulta RI attorney to sort out how we should handle our property in RI to minimize estate tax.

@Rito Altamirano keep 100% of your commission, go with EproNet.

How are you guys finding the market in RI to be right now?

Anyway our situation was we made an offer contingent on lead compliance certificates but the seller could not deliver because the windows wouldn't pass in RI to get the certificate.

Hi Rito,In this situation I would absolutely not take the loan from your grandmother.

@Rito AltamiranoDevelopers and Speculators.

In this case, if the property is in RI that's where I would form the LLC.If you were to form the LLC in Mass then you'd need to pay two states annually, Mass (state of formation) and RI (as a foreign entity), which would be double the cost.The only minor thing is that as an out of state owner you'll need 1) a registered agent in RI to be on file with the RI Secretary of State for any communications like annual report reminders, to receive service of process if you were to be sued, etc.; and 2) to register with the RI Secretary of State as an out of state landlord.If you used a RI attorney when you bought the property in RI, I'd inquire if they're willing to be the registered agent for the LLC, and in fact you might even want to use them to form the RI LLC too.If you don't already have a relationship with an RI attorney I can recommend a few, but if you don't have anyone trustworthy in RI who can act as registered agent then you might want to ask the prospective RI attorney if they're willing to be the resident agent before you pay them to form the LLC for you (some attorneys don't want to be bothered as you can get a lot of junk mail).All of the above is just my personal opinion and experience and what I'd do in your position as I understand it.

@Rito Altamirano What is the problem with the contract you are using now.

@Rito Altamirano Look at Cheyenne Road North to Centennial Parkway, From Camino El Norte on the west to Lamb on the right.