Thanks for ideas.Since the existence of a single-member LLC is disregarded for most federal tax purposes, an individual who owns a disregarded single-member LLC that is engaged in a business and materially participates is subject to SE tax on the LLC's income.There are seven listed test for material participation that determines the passive vs non passive nature of the income.

The policy defines an Estate Planning Entity as a legal entity or Trust establish by a Natural Person for estate planning. 

Given the competitive nature of real estate, how realistic is it to execute a buy at this size of discount?

This way we can't see into the main house yard but we still get plenty of natural light.

In the beginning, I don't expect to be scouring for deals or managing property or anything of that nature. 

Market cycles happen, dips happen - it's just part of the nature of real estate - this is what actually has been happening since the beginning of time. 

Real estate moves quick around here due to the nomadic nature of the huge military, federal employee, and contractor population.

Like natural disasters, car accidents, losing jobs, divorces, health issues, lawsuits, injuries, death...

But also multiple tax filings and the cumbersome nature of moving into and out or relationships with your partners.Strictly from the 1031 perspective tenants in common is the easiest way to own and move real estate. 

Some of my houses are in high priced areas and the cheaper labor are in the medium to low areas so naturally I want to hire the cheaper guy.