They are running a personal brand, and I would rather donate my money to a good cause than their next mountain home. 

In order to network with wholesalers and lenders the best way to go about it will be to attend the local REIA like The Greater Houston REIA and also joining the local investors facebook groups. 

Meaning, if you take the money only, you would have depreciation recapture from your cost basis up to the original purchase price of the building (not including the land cost because it wasn't depreciable), plus a capital gain up to the insurance proceeds.Hope this makes sense. 

One important thing is that we want to retire in the next 5 years. 

Sell the properties.You mentioned having difficulty managing the properties as is.

My question is: How do I properly take the interest that my LLC has put into the new LLC and give it to my person for the purposes of getting a loan from the bank through a refinance.

I assume that's the same for a duplex? 

I also have a list of all the other local meetups that I'd be happy to share...The super power I've found over the last 5 years or so investing is FOCUS!  

Hi All - This is a funny request but my fiancé and I recently did an exercise together where we wrote down 10 things we are grateful for, 5 goals of ours for the next two years, and 5 goals of ours for the next five years.

i found in my build projects that started just before and continued through the pandemic prices rose. everything but lumber became sticky IE they rose but did not fall..