The name C Corporation is used only to distinguish one taxable entity from another taxable entity (there is no Subchapter C, which governs how a C Corporation is taxed.)Because the "S" simply refers to a section of the tax code, choosing to tax an LLC as an S Corporation affect ONLY the rules used to tax the LLC - NOT the rules to form or operate an LLC, nor the rules that determine the liability of the owners of an LLC.LEGAL REQUIREMENTS & LIABILITYLegal Requirements:The rules to form and operate a Corporation are different from the rules to form and operate an LLC.

I thought ultimately, in times like this, the global market will be the final determinant on rates, even for the mighty USA.

A 4 or 5 br house would probably fit the bill.I see the property taxes in Texas are high, but how are they determined?

I look at the community as a whole to determine the common bldg sizes, configurations, materials used.

How do you determine which one to use to gain control of the property?

There are facts and circumstances that need to be reviewed to make that determination.

P.S. if you ever need comps to help determine whether or not you came across a deal on apt buildings in FL let me know, I would be more than happy to help out

I would imagine me requiring a better credit score would avoid getting a person who is consistently bouncing checks, but the best tenant I've ever had was foreclosed on for losing his job a few years back, so I really don't think the credit score is a great way to determine if a person goes a good job with their finances.

There is plenty of equity in the property and I have already determined that the daughter does not want to live in the home.

You should definitely try to determine as much as possible about the seller's circumstances, and what business interests or other things are going on, aside from this property.