These figures change if the LLC (group one) is held in a personal name but I don't believe to many investors will follow this route.I have not included the calculations that apply to capital gains but believe that there are similar substantial taxes to be paid when trying to expatriate the funds back to Australia.I look forward to some real life experiences and hopefully revelations as to how some of these tax costs can be minimized.Regards PS Forgot to add the overlay of a state income tax that could also apply depending on in which state you elect to invest.In Georgia there appears to be a 6% state income tax which I would have thought applies to the net earnings after expenses but information gathered has indicated that it is simply 6% (or whatever) of the federal tax to be paid.ie (76800 x 39%) x 6% = $1797

I've seen LOIs from RFG/RC issued on projects that little to no hope of funding where the upfront fees were substantial.

Not only will it be an effective tool to substantiate to the next landlord that they pay on time, Not to mention having the rent listed on their credit report may help them qualify for a mortgage when they go to buy a home.Just a thought.

Also remember that you eat into your profit margin substantially (depending on how good of a deal you get) when you are 95% leveraged up.

Anthony,You seem hell bent on getting into these ridiculous things of which, (most likely) have no possibility of working out.You also continue to violate our forum rules.You have 91 posts and a negative 189 influence which means you are a multi-repeat offender.Please refer to the terms of use and the forum rules.

Commercial/portfolio loans are often made to entities, though generally with personal guarantees these days, unless your business has a substantial track record.The purpose of an entity is not to shield the mortgaged property from the lender.

But you shouldn't be using your taste or any of our tastes to influence your decision.

Its a brand new house though so I dont know if that influences people to take care of it more or what, but the rent is where I believe most of the clientele is going to be of a "respectful" character I guess you might say.

Yes, that does reduce your post count, but it won't reduce your influence.

We've got substantial school debt.