I have a few questions about setting up an LLC or S-Corp for my business and would like advice on how to structure it properly.

I have my first, legitimately strong lead after months of driving for dollars and I'm seeking ideas on how to structure an offer.

If the property is boarded up the chances of it needing structural repairs are high.

There is a lot you can do organizationally and structurally that will keep you busy but also reduce the gray hair for your CPA at tax time.As far as whether you've got everything you need for the form 8824 that reports the 1031 it all depends on how your reporting and record keeping have been in the past. 

Also, under tools, then file cabinet, you can find some wholesaling contract so you can get an idea of how it's structured.

Thanks, its pretty easy to arrive at a breakeven on any given term / rate structure vs the existing 30 year fixed, 3.25%, with 23 years left on the note.   

Does it depend on the type of structure on the property?

Hi All,We have a 4-plex comprised of 2 structures - one structure is built on a concrete slab and the other is on a raised foundation.

It seems that you don't have correct understanding of taxes/entity structure, hire good CPA (there are quite few of them here on BP), would be well worth it!

I would say it sounds like you have a good opportunity if you structure things correctly to replace the income.