There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

But this year, his team is saying I need to file 1099s. 

Under the Corporate Transparency Act, LLC's are required to file a Beneficial Ownership Information (BOI) Report. 

The modules are over 40 videos and weekly calls that happen 3 to 4 times a week geared to mentor you along the way till your units start producing like they should.

Reach out to the Marcus & Millichap offices in Columbus/Cleveland and have one of the MMCC commercial mortgage brokers produce a few quotes for you.If you don't have the time to research contact info / programs for 25-50 different lenders and make the calls/emails necessary to obtain optimal financing, hire a broker.

But if hold on them for awhile and pay them off, then your family and kids and enjoy the income they produce.

We also were able to get the property taxes reduced by filing a complaint with the county.

In the meantime I will continue the search for a new PMC and talk to our lawyer with the intent of filing a suit since odds are it will be needed. 

- Don't click links or files if you're not expecting it or if you feel pressured to do it.

I am currently in the process of filing lawsuits against all of these tenants on behalf of my clients, and I am hoping we can add criminal charges onto the civil suits.