Working with a CPA or financial planner can help optimize tax strategies and ensure the best approach for your goals.This post does not create a CPA-Client relationship.

Having a group of friends living in an apartment complex creates a sense of community and reduces turnover.

This falls under that category, by not keeping the heat on, you are ignoring basic maintenance and creating a potential risk.

When you said  "New Construction" I was assuming, wrongly" that you meant buying a newly constructed home and perhaps thinking you were getting some kind of bargain that created equity. 

That move created frustration on my part and the seller and had to amend the original contract.

@Jamie BatemanIf I understand what they do- it looms like they are just a middle man where someone wants financing on a property they find a lender for it and will create documentation.

LLC offers no tax savings.This post does not create a CPA-Client relationship.

I saw this site and was so excited to be able to create a team of people to connect with for Real Estate!!!

Because the reality is that one deal won't make you rich, but the continuous growth you get by doing deals and building your skills, network, and expertise will create the foundation to get you there! 

(Call it 20% federal and 5% state ($15k in income tax, plus the $45k in additional taxes you created.).