Check to see if your old LLC is even still active on the state's roster.I know where I used to have mine (MA), it would be "administratively closed", i.e. dissolved, if you didn't file your annual reports and other paperwork timely. 

I am interested in Wholesaling, House Hacking, Buying & Holding Rentals and beyond.My local market is Los Angeles/Southern California and I am actively researching markets in all 50 states.

If they damage the lawn, they are financially responsible for it.Washington is not a landlord-friendly state.

We are trying to figure out a good split of equity and cash flow since they will likely be putting more down upfront but they live out of state and we would be doing a majority of the management. 

I have a 85k budget that I can use to dip my feet into real state. 

Hi @Lisa Zoubi, I'm based in Southern California, but I have started my out-of-state real estate journey in Indianapolis.

It seems legit but I don't want to waste money if it isn't worth the cost.Also, I live in Kentucky, which I learned is a state that requires an attorney to sign off on all sales.

(Mostly what I’m doing here is confirming you know at you have to spend all the sales proceeds, not just the profits, since you stated such low numbers.) then you would owe no taxes, but you have given away half your money. 3) the good news is you gave the charity $100k not $100k minus taxes.

Unless otherwise stated herein, the earnest money shall be retained in the broker’s trust account until after title transfer at which time it shall be applied against any compensation due the broker.

As stated big box stores can do the deliveries to rural areas.