Good day BP Community,I wanted to see what is your opinion when it comes to create a Pro Forma for any Single/Multi Family Home investment.

I would simply show a pro forma on that asset, and if you're doing portfolios I would show a aggregate projected return.

The pro formas looked good.

They will not show all expenses on the pro forma.  

@Ben FreeburgYou cannot do what it sounds like you are describing.If the LLC is owned by your and your partner personally, it would be a disqualified party to the IRA accounts and they could not transact with the LLC in any way.The two IRA accounts could either form a LLC together and use that LLC to purchase property, or they could just vest title to the property as tenants in common.  

Does anyone have or know where to find a Pro-Forma to evaluate STR's?

I'm seeking help with brokers and investors who can help with Pro-formas, cost estimates, rent rates, and other deal-analysis.

The reason i ask is that I've seen many tax strategists recommending that real estate agents should form a corporation like this link below.http://www.formationsolutions.com/blog/forming-a-corporation-or-llc/why-real-estate-agents-form-corps-or-llcs-for-their-own-business Is this a recent change that the IRS disallowed corporation for real estate agents?

Teacher, police officer, credit manager, crane operator, delivery driver, inventory control manager.....we can form a quick opinion about people, but all mentioned have or could have late payments or default but statistically, some jobs or professions have better payment expectations than others.

The form of the contract is how the contract is laid out, the legal requirements to form a binding contract between the parties.