The only problem is that the taxes on the LLC (income) is reported in the K1's for the members, so you kids may get a K1 from the LLC.Don't think the state where you register the LLC will exempt you from income... 

@Cole Hagen my feedback would be: 1) don't commit income tax fraud by purposefully under-reporting your income, I may be wrong, but I'm pretty sure the IRS rule is that other/misc. income in excess of $600 must be reported, and 2) if you ignore 1) and do chose to not report it, it's probably not a great idea to post about the fact that you're considering doing so on a site where you have your full name posted, how easy would it be for a Google search to turn that info up or for someone to report you to the IRS based on this post?

Thank you in advance.

I am referring to tools to keep track of tasks, expenses, etc. with reporting capabilities.

Thanks in advance!  

Thanks in advance!

Any info you all can share would be greatly appreciated.Thank you in advance,Brian

View report*This link comes directly from our calculators, based on information input by the member who posted.

I have excellent credit and will put 40% down. thanks in advance for any advice.

The reports are 40-90 pages long and go through the entire house in great detail.Get an appraisal.