Thomas, That is like saying there is only one real esate class you should invest in.

Asking in the correct forum will get a better response.Need a spreadsheet or form?

This seems like a lot of work to save 15% of $35k in taxes (Less than $5k.) especially if you have transfer taxes or title insurance, or you convert your long term 15% rate in to your son’s regular income tax bracket.I hate paying taxes as much as the next guy but this lemon isn’t worth squeezing.

In addition to running the "Illinois Real Estate Investors Association", I manage a mobile home park in Belleville, IL.

Now that you have the property purchased in the way you did, what are you looking to fix with an LLC that owns the property?

You ignore the DNC at your peril, once I got 2 demand letters in the same month I paid them and decided to take it seriously.

It’s simple.The real challenge lies in lead generation.Specifically, in generating motivated seller leads.To succeed, you need to focus on being found by motivated sellers.

Curious, have you noticed this trend in other areas too? 

You live in one unit, rent out the others, and your tenants help pay the mortgage.With loans like FHA or VA, it’s easier to get started.

I started a GC company because it brings in additional revenue.Another important point, are you looking for a mentor or mastermind to join?