Yet another reason, (albeit not in the top three) why all rental property should be in an LLC with a wife or child as a partner (even .1%) so as to file the Form 1065.Number 1 is liability protection, Number 2 is privacy, Number 3 is ease of transfer for estate planning, Number 4 is possible sale of the LLC to conceal sales price (also called drop and swap), Number 5 is having a single entity for financial reporting, Number 6 is brand identity.

And I'd acknowledge they're riding the line of what is and what is not acting as a real estate without a license (and doing net sales which are illegal for agents).I think the argument doesn't work because even if you banned wholesaling, people could still do simultaneously closings, which are just about the same, just a little more expensive. 

The average sales price in Cleveland Heights for MF in the last 6 months is $337k. 

Hello everyone, I am focusing on acquiring my first multifamily deal this year. 

Less government workers will live in DC.Any upsurge in listings for sale or rental will be taken up.  

A previous Airbnb home is coming for sale.

Recently, I created a Series LLC with separate DBAs (per advice from my CPA), but I haven't done the deed transfers yet.My main concern is the due-on-sale clause – if transferring the deed to the LLC triggers an issue with my lender.

They purchased a 25-unit building worth about $4 million through a short sale for $1.7 million.

Granted you did not pull as much out as a sale, but, you do own an asset still which is a huge win!

I use professionals when I need to.I've had only two Due on Sale called in over 30 years.