@Paul De Luca hey buddy.

@Paul De Luca thank you this will help us narrow down our search.

The way I read it, if you continue to hold the property past the 10 year mark then any additional gains sold then will be tax free as you can then elect the basis of the property to be adjusted up to the fair market value at the time of sale.Referenceshttps://www.biggerpockets.com/...https://www.biggerpockets.com/...https://www.irs.gov/credits-de...

This is the world of Delaware Statutory Trusts.

I'm looking for a residential single family property manager in Delaware County, PA/ Montgomery County, PA. 

Hi do anyone know which banks will let me open an account with a Delaware LLC's for both real estate and general business.As you may know that Delaware and Nevada LLC's are mainly used for the purpose of asset protection. 

Anyone know of any good local meet up groups in the Wilmington, DE or Philadelphia area that I can attend?

In New Castle County Delaware we would need to send them a 7 day violation letter to clean up the clutter so the home can be treated effectively - this can be tricky to evict on though. 

Does anyone have experience with creating LLC's in Nevada, Delaware or Wyoming to then own an LLC in another state?

We are in the licensing process and approval steps which generally takes 3 – 6 months, before licensing completion, and being able to take on clients.Right now needs involve exterior/interior TI’s tenant improvement’s, and some reserves.Phase I (Current)TI ImprovementsReserves $75,000Phase IIExercise lease option$100,000 - $150,000 (20% down shared)Secure long term debt (Fannie /Freddy)Phase IIIDevelop out initial property $250,000Control of additional ARF-DD $500,000 - $1.5 MM (transactional)We are interested in understanding the best fit financing structure’s to seek and or avoid:Starting the facility, opening the facility, scaling the model.Look forward to  hearing from you.BestFred & Rose / Casa De Fabiosa