We've received several referrals at this point and quite thankful for the super quick responses!

The partners/members would receive a K-1 for their share of partnership/LLC income.The only way I can see it being reported directly on the schedule E instead of a 1065 is if the property was owned as tenants in common.

Received the guidance I needed...thanks!

I have listened to many podcasts and spent the last year or so periodically reading about REI online, but I figured it was time I began interacting with the community and receive some helpful feedback/constructive criticism.

Getting good comps for that neighborhood is a challenge.I did a search and I didn't find anything within 1 year or 1 mile similar to yours that sold for more than the appraisals you've received. 

I received a settlement check and want to spend about 400k to invest in real estate in order to become financially free.

If you are on the GP team and will be receiving fees, those will have self-employment taxes.

I received a call this morning from a lady in another city.

Quick sidebar, if the same prospect receives 25 postcards from different sellers all saying the same thing, the message begins to lose effectiveness, and it might be time for the savvy marketer to move to something new. 

@Tua Toiaivao It is uncommon for an agent to receive an offer from a non-agent.