Chris T.While we are not flippers, we do use a similar approach by purchasing tired properties and forcing appreciation: it is just rehab-n-hold as opposed to rehab-n-sell.When we are carrying out a deep retrofit on a newly acquired property, we will put a sign in the yard advertising another "modern, heathy and energy efficient home in the making"  with an indication of when it will be available for rent.We typically have the units rented before the renovation is complete.

My current employer does offer some matching though so thought it was always best to at least capture this, not to mention my employer only lets me contribute up to about $8k towards my 401k.And yes John it seems kind of silly of me, but I work enough as it is at my current job, so when I pick up extra shifts I don't want to do so unless I am getting a decent amount more than base pay as opposed to my calculation of 1.1x base, otherwise I rather spend that time doing different stuff I enjoy like learning about real estate lol (which if it isn't apparent I have much to learn).Thanks again!

If someone buys your LLC, as opposed to the actual properties, they will assume your Current basis, and depreciation schedule, which will increase their taxes when selling.

(Bob Bowlng is correct that  fourplexes are valued on sales comps as opposed to income approach.)   

This is a specific implementation of a 401k style employer retirement plan in an owner-only business, and is therefore much simpler to administer than a larger 401k that provides benefits to non-owner employees of a business.A self-directed Solo 401k is such a plan that can be invested in anything the IRS rules allow, as opposed to just what an institution offering the 401k is willing to sell.  

Hi @Matt R.It is true that max value is captured and realized in a flip, as opposed to other strategies.

If he's opposed to me being on the deed what are my options? 

It's not something I would be opposed to, I actually think there is a benefit to both the tenant and the landlord.  

Your attorney, and that article, are talking about when you are entering into business contracts, that can create an obligation, or liability, and making it clear it is the LLC entering into the contract/obligation, as opposed to you as an individual......Not when your're opening the bank account for the LLC!

You know I've been browsing around here lately and although John might have a strong feeling opposed to wholesaling...