Such institutions provide the necessary processing services to document non-traditional asset investments with an IRA and will act purely as the processing layer.

Reasons why:- modeling monthly returns is a major PITA i.e. high level of technical competence required- inter-year volatility including cash shortfalls is masked with annual only returns- in a live deal, you will always run into issues with reporting i.e. how do you compare forecast #s with actual #s. 

Best to mask that piece!

I bought a mold respirator mask and went to town. 

If it were truly important, BP wouldn't round posts and votes on the left, which masks the information, and would also post the ratio explicitly.

It costs less than $500 to start an LLC and about $1,500 annual for LLC tax returns.It should save you a good amount of coin in the long run and provide an additional layer of liability protection. 

Through multiple layers of hearsay, I have learned that the major player here in my neighborhood has stated that he will no longer develop rental units and instead focus on commercial. 

The second property I bought, I knew it needed a new roof, but I was trying to put it off as long as possible.. multiple layers of shingles and some missing.. blah, blah, blah..

You will also use it to deduct most of your business expenses.This standard template may be modified to accomodate some specificities, like states where a series LLC may be less expensive than having a different LLC for each.Also you can add a layer of Land Trust for each property for anonymity and to give some due on sale close protection.A lot of people here will tell you that you don't need any LLC or entity structures and that you can do with only a liability insurance.

.- If we use an RIA (registered investment advisor) it adds a layer of insulation if we were to get sued but it also adds a "mouth to feed".