That's why I warn sellers that setting too high a price, even if people would normally be willing to pay that much, would be screening out all but the most cash-rich of buyers and thus limit the potential to make an actual sale.

This is the single biggest reason to own both sides of a double unit.The risk you take on is that you no longer share the expense of the normal "shared expenses" such as a new roof, driveway, etc.

Normal retirees can depend on a social security check, but when you retire young you get far less based on less working years (less contribution).

As such, your investment will only be risked up to your capital contribution.You normally will not increase your risk unless you guarantee a note or increase your responsibilities to that of a managing member or general partner.Creating an extra LLC may provide some 'anonymity" 

I bought a full year insurance on my rental property from Farmers, after 3 months they just mailed me a letter saying that we will cancel your contract since risks does not meet their underwriting guidelines...Is that normal to cancel the contract after 3 months???

we normally file my 1099 income on a schedule c, 1040 but medicare and ss taxes are not coming out. 

Simply because they're outside the normal SEC processes and offerings for Broker/dealers.

I also don't normally say this, however I'd be VERY cautious with the foundation.

It's not normal, so dump his phone number and move on.

Hello BP,Who here plans to raise rents more than they normally would due to losses caused by either the national eviction ban or local ones?