The only real variable to “adjust” would be adding back in depreciation for equipment or real estate, I believe.The additional credit inquiry shouldn’t make any difference, shopping multiple lenders for real estate is expected, and treated as one inquiry.Yes, you will need another appraisal.

With a single member LLC it is just treated as a member draw and there is nothing that needs be reported.

The date of the gain event can be treated as later in time in some instances, such as gains received on a K-1 from a partnership.Boiling it down, for the 2-tier method (which most are trending towards), a property could be selected up to 6-12 months (depends on the date of formation) after date of investment in the Opportunity Fund, along with a plan in place to complete the project within 31 months.

Generally, vehicles are treated differently than personal property when left behind by a tenant.

Treat it the same as you would with any tenant. 

I'll leave it at that.Your last paragraph further reinforces that this is actually a multi-member LLC and not a single-member LLC as the "investors" are obviously being treated as equity investors (aka members) and receiving a flow through portion of the LLC's profit and loss."

Those City employees seem to try to be helpful if you treat them well. 

I’d prefer to get a good deal on a fully occupied property, at or above market rate rents, with tenants that are amazing and treat the place like they own it.

I’ve spent the last few months learning a great deal, and have done roofing, vinyl siding, painting, and deck building in the past.Does anyone in the Washtenaw county, MI (or surrounding) area have recommendations for what neighborhoods have treated them well?

When you dispose of a passive activity, any suspended passive losses are released and treated as if they are non-passive.