The IRS allows any sole proprietorship or partnership (LLC) that is wholly owned by a child's parents to pay wages to children under age 18 without having to withhold the payroll taxes.

If they're all just held under a SMLLC in Nevada then then all goes on your personal 1040- if the holding entitity is a partnership then you have a more complicated filing where basis and balance sheet tracking comes into play. 

I was getting close to pulling the trigger and began to get gun shy.

I've heard so many horror stories about the deadlines for 1031's, just make sure you have all your ducks in a row and have a great 1031 intermediary before you pull the trigger.

Please share the info if anyone knows any Attorney with excellent track record .Specifically looking for someone who specialize in partnership & JV real estate contracts.ThanksRavi Singh

Creating an LLC to define your partnership, ownership stake, decision making process, etc... is always the safest option (and the LLC will be on the property title).

You can close on a VA loan up to 90 days prior to inhabiting, which means you have 90-120 days to search for quality deals before you either need to pull the trigger, or decide to rent (nothing wrong with that, depending on your situation and the market).

I’ve been plagued by Paralysis by Analysis and when I finally do pull the trigger on a rental property I strike out hard.

I started an LLC partnership two years ago for rental real estate investing.

I have 2 private lenders that have limited funds and I offer them 10% plus one point that I use on smaller deals.It's nice to be able to pull the trigger on any deal with my main hard money guy but some of these larger projects like the commercial are scary to do at 15%.What are some tips for finding more private money?