By selling the property it's a taxable event vs a refinance (cash out or HELOC), is not. 

Two members will be the managing members and also providing capital, and one member will strictly be providing capital.We would like to put a waterfall structure in place for any money distributions, including preferential return on cash yield, and an IRR hurdle for liquidity events, etc. and we would like all this to be clearly spelled out in the operating agreement. 

I would love to meet someone for coffee and talk, I will also be at some of the events in Hagerstown and Chantilly.

You can find information on the event, speakers, tickets, and the hotel at BPCON2021.com

What events are nearby that you can market for?

I had assumed I could just give him the P&L /Balance Sheet and that would be good but I keep getting requests for a breakdown for each property...I understand the need to depreciate the purchase $$ and the part of the the rehab $$ that is Capital Expense, but I'm not getting why I can't expense, for instance, floor refinishing (that occurred at both places) as a single expense.

The property appraised for 51k higher than the sales price so a refinance will likely occur in the next 6-12 months after purchasing the property.

We will be hosting both in person and online events to help the community.

I haven't gotten any email updates about the event either. 

I had tried several personal injuries and accidents attorneys in my area to see if they can give me a list of things we can do as landlords as a safety measure that can mitigate landlords liability in the event of a gas explosion in the rental unit.