If it is not considered to be a disregarded entity, then you should wait the 24 month period that your tax advisor has recommended.I'm guessing that you do not live in a community property state, which means that an LLC with a husband and wife as the sole members will likely be classified as a two person LLC (as opposed to a community property state where you would be classified as a single member LLC) and therefore a partnership for income tax reporting purposes (not a disregarded entity).This creates the need for you to establish the 24 month holding period to demonstrate that the two of you have the intent to hold the property for rental/investment purposes.

Having an established system with people and contracts is a huge saving!

If you'd like to connect I'm always looking for new opportunities for networking and establishing business relationships.

I want to establish relationships with other investors out there so I can be successful in this business.

Would you suggest going the college route or building relationships with already established investors?

I  try to establish good repore with my tenants who know that my inspections, which are sometimes more of a greeting "Are there any problems with the rentals I should know about etc.

I am not employed at the moment, although my wife earns mid 60s and we have 660'ish credit scores with a BK7 on record 2 years ago.I live in South Florida, near Fort Lauderdale in Davie and established a non-profit a few years ago with intent to rehab/flip houses or possibly build on vacant land given by a local city top develop on.Aside from that, I am hoping to meet someone form the area who has been "down this road before" and would maybe be willing to at a minimum have lunch with me to give me some professional advice.Anyhow, nice to "meet" everyone!

I am fully licensed in both my Life and Health as well as Fire and Casualty, and I think it would be good to be able to use them.I'm wondering if anyone could point me in the direction of an insurance group that specializes in real estate investing, in the state of California.I am aware of National Real Estate Insurance Group out of Kansas City, and they are a fantastic company, but they're not interested in establishing agents in California as of now.Also, any advice in terms of which insurance works best for rehabbers and why?

lol A few things that really gave me some personal benefit and inspired ideas for me are: 1) "Work the system" - getting my processes and systems better established so I can grow my units under management and be efficient - with my real estate, and my life.

The tricks of the past, including Back linking to an old established web page that you don't own can get you in to trouble with google now and you site can get lost in the Abiss