Jorge De Jesus Andrew Johnson is right.

It really minimize the accounting fees but it increases the bookkeeping fees because of the extra time to account for everything correctly in each LLC.Our series LLC is based out of Delaware.

They are always looking for various strategies to get out of the real estate without incurring the income tax consequences.Here is a quick list of some of the more common choices that investors use to get out of real estate when they no longer want to manage property and/or deal with tenants:Seller Carry-Back FinancingNet Lease Properties (NNN or often referred to as triple net properties)Tenant-In-Common Investment Properties (TICs)Delaware Statutory TrustInvestment Properties (DSTs) Charitable Trusts (often referred to as CRTs)There are of course pros and cons with any type of asset class or specific investment.

There's so many more shows for couples (Celine, Britney, Cirque de Soleil), clubs and music festivals for the twenty-somethings, and even more options for the family than before (like the LINQ complex).

Hi MitchellSo what I get out of this explanation is your wife ran up a ton of credit card debt in your name when your income was down, so you dumped her.You are in the middle of a divorce situation with her, and the financial dust between you two has not been settled, pending home sale, possible child support judgement(s) against you, possible alimony judgement against you, splitting of the debts owed to each person.If you are asking how to handle the credit card (type) debt...You can call them and ask to work out a payment plan which may stop the late fees, and will stop the credit card from working.BUT<--(That), if you're personal financial picture is not locked in yet 100% by the Divorce Court you will not know how much you can afford to pay, and still be able to eat beans and biscuits for lunch, as well as keep a roof over your head and 4 wheels in the driveway.It seems logical to lock in your financial side with court orders before agreeing to pay with money they may de-materialize due to court orders.Just my 2 cents.

Here's the link:http://www.biggerpockets.com/renewsblog/2014/04/10/bp-podcast-065-creative-investing-wendell-de-guzman/#comment-155971

Personally, I have not bought a new vehicle since my 1988 Cadillac Sedan de Ville.

Many times I find unpermitted splits of units which will need to be de-converted.Secondly check how the utilities were split with electrical and HVAC being issues when these are converted.  

Get some heavy duty De-greaser and scrub scrub scrub.Next I would go check out a rustoleum countertop kit at Lowes.

I am purchasing a property to flip in Delaware.