is a good and proper use of ED.

Hi Sabrina,I don't know much about Colorado law and I'm not an attorney, but I can tell you what we have done out here in California that may steer you in the proper direction and help you ask the right questions.Originally posted by Sabrina H:Also, since these properties will most likely be condos (making sure that the HOA covers the roof and exterior maintenance), do we need to get some sort of insurance outside of regular 'condominium insurance'?

I didn't know what the proper name of the form was, so I couldn't search for one.

Sounds like you may have created a taxable sale based the information you have provided.Like Ryan said 1031 exchanges must be handled properly otherwise they won't be recognized.

I have read some of the many post on this topic, and from what I can work out LLC's offer protection if they are treated and run as a proper business, and not just an easy form of protection against negligence.

I replaced that with a 4 piece fiberglass, properly installed.

Credit cards are expensive, but not much more than hard money.

The plan funds the transaction, the property is properly titled and John earns a standard commission which he puts in his "personal" RE business.

Cut up your credit cards.

I also had a joint acct with my husband on 2 credit cards which he never paid on time ( i wasnt aware he did this)What is the first thing i need to do to fix this?