The IRS is pretty clear that you cannot rent from yourself or your spouse and I think a judge would look at the asset as clearly a liability protection scheme (aka not running as a legit business), pierce the corporate veil, and not provide you any protection.It's fun to start LLCs, but it's also expensive and time consuming to maintain properly (separate accounts, K-1s, 1099s, accountants...) just to provide liability insurance.

I love reading intros like yours because it lets me know that we're running the site the way we need to be.Thanks for getting involved and introducing yourself and I look forward to having you around as we grow along your investing career!

I'm talking about the future bailout of the average consumer.

I buy and assign or keep, rent, resell properties in highly growing areas or areas that are undervalued.

I expect inventory in my city to grow or stay flat.

Maybe start off with something small and then grow from there.

The taxing authorities have every incentive to drag their feet on valuations.I'd predict many taxing authorities have adjusted their budgets to consume all the available revenue.

Originally posted by Jordan Sabo:as far as there being no clothing designers, i went to macys earlier and i tried to find a goddamn jacket for under $100. it took me an hr and it was a perry ellis. what amazes me is that retail stores bi*ch about poor consumer spending but they had maybe 2 clearance racks in the entire store which is asinine.

Nothing else.When I'm waiting for doctor's appointments-dentists, in line for other mundane consumer chores, I put stuff on index cards and study them. like sales objection handlers, marketing ideas, and the like.Or I talk into a portable digital tape recorder.Or I practice to complete and utter strangers my "elevator speech."

As the entity grows, your intent is to market that investment as a product to where investors could receive fixed and secured returns.