The Federal Tax Credit is on a sliding downward scale though starting next year.

Funny how finnacial "wizards" always try to quicly distract BP investors away from thier comments with subsequent posts when they poke thier nose in a discussion topic in which they display complete finnacial ignorance to all.That's okay,  they need to learn too.

I will be posting my journey with this first deal in subsequent posts on the forum and I hope you find them useful. 

Any work that you do, and subsequent increase in equity, is YOURS. 

The chip recession of the 1980s was its worst up to that point in its history (subsequent chip recessions have been worse, but not much worse).The strategies and methods I developed became my money habits that define who I am today.

Was a permit pulled prior to and inspection made subsequent to the work?  

Just not proud of how long it has taken me to begin to tentatively slide my feet across the pond.Oh well.

And then, we had to deal with questions from subsequent buyers: "I see it was in escrow and fell out, what happened?".  

@Brad Pickett, the 1031 can only be used for the sale and subsequent purchase of investment real estate. 

Or should my tenants make all payments and contract with the LLC A that holds the property and then I subsequently make draws out of there.  2-If i were to raise money under the traditional GP/LP and the GP would be a newly created LLC that I wholly own and I also wanted an equity interest using one of the LPs, should the LP interest be owned by a parent company (Parent Entity LLC) or is it individually myself?