Thanks...I call it Detroit's sister city.

Unfortunately I had a brother and sister living back to back in two of my units and the chair ended up in both units infesting both.

My family (mother, stepfather, sister) on the other hand think I am money hungry, obsessed with money, think I am too good for people, etc because this is a focus to me.

Maria

*end of sarcasm* sadly.....this is what most people do near my age.....Elbert, you just fully described my sisters and cousins all still stuck in the "Chicago lifestyle." 

I've had several rookie buyers on here reach out to me and ask me a million questions about the Sacramento or Phoenix, have me search and analyze properties for them, run the numbers, etc. and then email me one day and say they just got an offer accepted and wanted to thank me for all the help.Turns out, they bought the home with their sister-in-law as their agent who knows next to nothing about investing in real estate.

I also have a sister in law that moved there.

Hi @Maria A A., No, these are not selling expenses (and therefore not permissible exchange expenses).  

each time i see people posting about setting up an LLC for "asset protection" i cringe.reason being is that while big companies utilize business entities to protect assets and run sister companies to run different "divisions" of their company - for the joe schmo real estate investor - you can't really use the LLC or Corp entities in that way...YOU NEED A BUSINESS FIRST!

I actually co own it with my sister and she is going to live there for now as she moved back from TX.