It is extremely difficult for your tax preparer to know if what you give them is right without a balance sheet unless they dig into each transaction which will be very costly.

Its a great area for rentals and investing but difficult to find good deals.

It's not difficult to do exclusion work... learn how and do it yourself.

You should have ran this question as Anderson Business Advisors was suggesting this set-up.The set-up is also difficult to understand that you likely have to engage your attorney everyyear with questions that you have where they would be billing you.I like the slogan regarding keeping it simple.

One question that always comes up is: "how difficult or easy is it to place properties into and out of the portfolio".Mike

Just so i can do the preliminary analysis on the propertySecond: I'm finding it difficult to get a clear price estimate of the CapEx's that might be needed.

I've been involved in the Indianapolis market for 6 years and I can tell you that those low end properties don't perform unless you are local and hands on and even then it's pretty difficult.

I’m curious if the process in NYC is similarly structured, where it’s difficult but feasible to follow through, or if there are unique barriers that make it much harder or even impractical.If anyone has insights or could answer a few questions, I’d really appreciate it!

Cash out re-fi's are very difficult given the economy and the fact it has been an election year.

I have a bit of anxiety when it comes to meet ups/networking, so I have a difficult time convincing myself to go, but I am working on overcoming this weakness.