If not or so, do you know anyone in Dallas that I might seek to see if there would be any possible mutual benefit?

Is "new construction" depreciated? if so, how? If not, is it a write off? I know I can depreciate my purchase property less the land value, but how do I factor the new construction into the tax picture?

This is pr...

If you are using a conventional loan to purchase, the bank will require a title policy.If you are purchasing on a lease/option or land contract, you will want to record a memorandum of lease, lease/purchase, or if it's a land contract, you will want to record some sort of memorandum referencing the land contract that will cloud the title in the future (to your benefit).

He has obviously never done this before, uses the wrong terminology like "General Manager" (should be "Managing Member") and the Q/A is written very poorly, amateurish, way to many variables and everything benefits the Managing Members of the LLC's.

I’m willing to go out on limb and take some risk here for the benefit of the family.

You want to run your business like a business.If you have to collect a few checks in your personal name so be it but like Mike said, there are tax concerns.I'm not an accountant but that money will be taxed differently than if you received that money from your corporation AFTER expenses (stamps, paper,envelops, bandit signs, advertising, gas, business cards, seminars, etc.)are paid.Amerilawyer.com offers the benefit of reduced online pricing as well as legal counsel.

Benefits are numerous - economies of scale, easier management for multiple doors in one location, easier to have professional management (and cheaper), one loan for a multitude of doors, and the list goes on.So, is it possible to get to that goal using SFR's, yes, anything is possible, but less likely and not the best path in my opinion.

Hi:Can you explain how labels will benefit a user?

If you have positive cash flow carrying a debt there can be many benefits.

In the short term you own real property that you purchase now at low price, well below "market value"- these establish you as a local landowner and provide other credit benefits as well.