We have an outstanding track record with our Kenosha Cabin with over 45 five-star reviews in the 14 months we have been operating and and overall five star rating on Airbnb and VRBO. 

I am looking for feedback on how to properly document contributions on LLC operating agreement and seeking advice any tax implications of this LLC set-up.Partner #1: Contribution will be Real Estate with a FMV of $360K and a outstanding mortgage of $280K.

And I will tell you that when someone has had a life sentence (which is usually the case for murder charges) and they are released, they can be damn motivated to perform well.

Don't get me wrong, 90% of my tenants are good tenants. 70% are Great tenants and 50% of those are Outstanding tenants.

I've done XXXX loans with 401k as down payments.Yes if you leave some employers your outstanding loan may be considered a "distribution," which is taxable as earned income at applicable rates however some companies also have transfer options and continuation plans as well just know your company's 401k policies.What do you mean the private investor gets 10% tax free money if she borrowed from them?

San Francisco is historically an outstanding market for RE Investors. however, this does not mean that I believe it is necessarily always a good investment.  

The damn expiring version thing in Quicken is annoying, why can't they at least be honest and say "you're renting this, not buying it", since they wont support it more than 2 years.

HELOC's can be beneficial as they can be interest only payments which provides some flexibility as well as the interest structure is based on the outstanding principal rather than a front loaded amortization schedule. 

If you don't have an outstanding FHA mortgage, why don't you leverage that to get a 4 unit in Brooklyn or the Bronx, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.

He shut up basically and apologized after he knew I was a legit broker and basically was saying in his head “damn I messed with the wrong dude”.