Some owners may misunderstand and choose to replace the pipes on their own, saving the EPA some time and money.These pipes were installed over 100 years.

Sometimes, it’s just a misunderstanding—maybe they thought the amount was prorated, or they ran into an unexpected issue.

I think there is a misunderstanding here by the new posters who come on this forum to post about negative experiences with their investments in real estate syndications or funds.We experienced, long time BP members are NOT saying that you haven't been "ripped off"; we're not saying that the sponsor of the investment hasn't done anything illegal or unethical or anything like that.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

You misunderstand.

So, my experience has been that an LLC is a lot easier to properly maintain as an entity than a corporation, and hence much more difficult to “pierce”.Some confusion occurs because of a misunderstanding of the plaintiffs charges.

Many investors choose a profit-sharing model for true equity partners, often splitting profits 50/50 or based on the level of their contribution to the deal, but ensure everything is clearly defined in writing to avoid misunderstanding/miscommunication. 

Are you saying that you are going to invest in the stock market and no longer look to real estate or am I misunderstanding?

I plan to use Airbnb / VRBO and understand they do a lot of this legwork for you, but would love to hear what I’m misunderstanding if that’s the case.

One of the biggest misunderstandings I see among real estate investors is thinking that setting up an LLC in another state allows them to avoid California’s franchise tax.