Please disregard, Thank you Manolo.

An LLC is an LLC, so I'm going to go on the assumption that you mean how it should be taxed: as a partnership, a corporation, or as a disregarded entity (which would pass through onto your personal income tax return(s)).That question is best answered by talking with your son and your accountant; the three of you should quickly come to the choice that works for you.

While I agree that you should buy on the cash flow of the building since this is inline with your strategy I don't agree that you should disregard value.

Be aware that unless you are licensed yourself an agent won't be able to legally pay you a referral fee.They can do something to work around the law but cash will be blatant disregard of it.

Disregarding the clear title issue, I'm sure there are other out clauses for the bank in the addendums/contract.

Im not a commercial expert, so if that's specifically where your looking to invest, disregard what I just said.

Originally posted by Account Closed: Chris I see you disregarded the message I posted up.

Act with reckless disregard or violate the law....you are screwed no matter what and no LLC can protect you from that.

I wish everyone in our line of work was as committed to excellence.I am concerned about your willingness to keep doing work for a client who has demonstrated a willful disregard of your business' need to be paid on time.

I get all that, but even disregarding all the assessments, how can a huge house like that, on an inter-coastal waterway, with a 2 boat dock, go for 200k?