I have seen people try to outsmart themselves and try to pull off something complex in a short period of time only to pay 600k in taxes.They contacted me with 1 week left in the 45 day ID period wanting to do multiple properties.

Our investing strategy will focus on single family homes in excellent school districts (thus far, we have 2 SFH in Keller ISD, and 1 in Northwest ISD- Byron Nelson HS), as well as multi family properties that make sense from a cash flow perspective (We've looked at 2 four plexes, and we're currently evaluating an 8 unit apartment complex).Here are some questions we have for the well informed masses at Bigger Pockets:#1 Do [you] recommend that we set up an LLC for all properties, or a series LLC, delineating each property into separate LLC's "underneath" the main LLC?

I've thought about this for when I purchase my first rental, thinking I too don't want to deal with coin collections & was reminded of what was done when I lived in an apartment complex...I rented a full sized washer/dryer from the complex for an extra $100/mo.

Just until I've saved enough to put a down payment on an apartment complex.

Having DCHA involved only seems to make things more complex as we sure don't want to run afoul of them.You have any idea what type of transfer payments it takes to relocate tenants in a situation like this Chris?

The analysis is very complex and you should definitely seek the advice of an international tax attorney.

Lifestyles unlimited offers a mentorship program for multi unit or apartment complex investing.

Fraud cases are very complex and difficult.

Bryan those 30 to 50k unit multi's would cashflow in maybe ny or la im thinking i maybe wrong but in those higher end cities like Palo Alto and other areas of the country they would make sense.So they would cashflow,I read an article not too long ago where Sam Zell bought a complex for over 200 mil

I remember thinking at the time that getting a rental complex would have been a great idea if I had the money.