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single member LLC (SMLLC) would not file a 1065 tax return, it is presented on a Schedule C of your individual 1040 tax return.Originally posted by "mills014":4) Would you suggest that I be my own registered agent?

Our philosophy here is to focus on the individual, not their company.

How do I search for individuals in my area?

Every individual property is in a seperate LLC and as broke as possible, this limits the liability should something go wrong (lawsuit) at any one property.

i look forward to networking and am excited to absorb the knowledge from such helpful individuals that know the business - hopefully, i can offer help myself while i progress in this business and work to get out of corporate america as soon as possible!

I have no idea of what the individual wants for the building, but I was wondering if the same rules apply when looking at a 1-4 unit building as compared to a 12 unit apt building.ie 50% and 2% rules.

I could see bringing out a contractor to provide estimates if a) I were going to go through on the deal and use that contractor from time to time; or b) was looking at properties individually and had time to go look at each one and bring a contractor out.

Fear, especially financial fear is a good indicator that you might be overextending yourself.

Assuming the individual completed an application at some point, be sure to keep it!