Your response is based on your skills and personality, but I wouldn't even think of hiring an attorney or panicking over this issue.

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.The Cost Segregation Study was performed on the Asset Depreciation Range (ADR) and is based on a 40% tax bracket for State and Federal Taxes.

I know this post was from years ago, but I'm in a similar situation with Dadson, but their contract is actually expired and they're still trying to keep their machines at my four-plex saying that it's now month to month then saying that the previous owner suspended services, but won't provide any dates.

Good luck with your appointment with the loan officer on Wednesday; it sounds like you're making all the right moves to keep building your real estate portfolio.I’m involved in real estate, focusing on new construction duplexes in Indianapolis, and I love connecting with others who are passionate about real estate.

Keep in mind he had the skills to make it happen, and he doesn't account for the cost of his time/skills.

Rare is the person with 4 pets going to keep your place in good condition. 

I personally believe the positives of FHA financing far outweigh the perceived liability exposure many caution of and its one of the few circumstances where I wholeheartedly believe investors should prioritize FHA financing over purchasing properties in an LLC. 

2 Person Partnership LLC (Form 1065, K-1s to Partners) owns Rental Property which is planned to be sold.

It's a cash-flowing property I've had for years and I ultimately decided to keep it and do a cash-out refi to purchase the next one.

It's also common to encounter retail branch employees who are  not familiar with  the entities and various ownership structures real estate investors utilize since they are normally opening personal bank accounts.