And interesting report here, for those that like a good chart/graph to start their day.https://assets.recenter.tamu.edu/Documents/Article...These two charts are so telling.When I was in corporate America, I worked for those guys that build the big yellow iron construction things, so I can attest with authority that the housing construction market around here tanked HARD in 2009. 

In the future, you can incorporate contingency clauses into your purchase agreements to prevent buying something that turns out to be such an unpleasant surprise.

As I understood it then, series LLCs are not legally used in each state but you can incorporate your LLC in a state where series LLCs are permitted... allowing you to use it even if you are not living in said state that permits them.

To any Canadian Real Estate Investors, just wondering if you have any recommendations/tips, on whether or not I need to incorporate to protect my real estate portfolio.I hear a lot of the American investors say, don't own properties in your own name, and it is quite easy to setup an LLC, or S-corp series to protect assets (and get tax benefits).I don't hear a lot from a Canadian perspective however.

Looks like the city might have already re-appraised the garage and incorporated the garage conversion@Bart Hedgcock that's interesting that a drawing will do the trick.

Under 40 but over 30I'd invest the 750k in corporate bonds that would pay 8-10%I'd then take that income and use it purchase buy and hold properties on a yearly basis.I'd take the 250k and purchase 1mm in real estate throughout the A areas of the sw burbs of chicago60-75k income off the bonds will allow me to purchase and additional 500k-750k in real estate a year.I'd also still maintain a f/t career just not stress as much if I don't receive a well deserved promotion .If you crunch the math in 10 years 1mm would turn into a much larger sum. 

I'd be happy to show you an up and coming area in Manchester (just across the river from the Richmond CBD) where I have a quad.

Some won't release their documents in word format, which takes forever for us to handwrite comments, then check their revised version to see if they incorporated all of the comments.

They did provide some references from other landlords and their certificate of incorporation (registered in DE in 2015).

If you're planning to operate only in NY I would not incorporate in another state.