Thanks for teaching me something new!

If you had a sole proprietorship, I believe the taxable income could pass through the LLC onto you, and you then only have to pay personal income taxes (not be taxed for the income as an LLC, then individual... with sole proprietorship LLCs.)

What amount of deductible makes sense is an individual decision based on your business model, investment basis in the property, resources and operating capital, etc.

Hello everyone, I came across this individual who is looking for a huge apartment building with a price range of 1mil-10mil.

How do you teach some guy that is trying to make 3% that you simply want to make bags of cash, bring whatever he has that looks good. 99.99% will send you the entire MLS.

Each individual has to do what they feel is right to them.

Others have success by individuals dropping out of college to start their business.

I like the property and the loan to value... the question I have is fairly simple: Can I fund this loan as a non-licensed, private individual?

What he tries to teach is how to be the best landlord a tenant has ever had, while at the same time attracting the best tenants.

k....enough of that.My background is in Engineering and I do currently teach math so I guess that would be my speacility.