Warren Thank you for the tip, I guess you can not go wrong when food is involved.

Check your local laws I guess, if You dont need to have it notarized, dont do it, it wastes time.About they key, just ask the seller how your inspectors and partners can access the property with no problems.

I guess that could happen, but it seems unlikely.

My guess is youll do better with weight training, simply because you hate swimming, and endurance swimming has pretty steep learning curve, imo.

I'm guessing you voted for the current occupant of the White House.

I didn't see the link for the chat there before so i guess this post is somewhat irrelevant :P

I guess I just wanted to hear from somebody who actually does it themselves rather than from the gurus trying to make $$ off of their books and seminars.

The LLC should be used for rental property and if the property is held for the primary purpose of renting, then it would be rental activity income and subject to depreciation rules and capital gain upon sale whether it is short or long term.First we need to know who the owners of each entity are and I will guess that you are the owner of both entities.With that being said, the S-corp will make a property distribution to you and then you will make a contribution of the property to the LLC.The entry will be a credit for the asset, debit for the mortgage associated with the asset and a debit to the capital account to show the distribution.

I guess my beef is this: every time I ask a licensed real estate agent, even a buyer's agent, they don't want to help.

You will have four options to choose from to make a payment and it will go according to whichever payment option you have made (let's us do this on a $300,000 mortgage).1. 15 year payment = $2851.252. 30 year payment = $2103.373. interest only payment = $1775.004. negam payment = $1446.63Well lets see 9 out of 10 times I am guessing the average borrower will make the negam payment because it looks like the best payment plan right.