I'm in the process of setting up an LLC for investment purposes and I wanted to know if there are any standards for prioritizing the distribution of profits?

(b) Design Standards.

Hi BP folks, I am looking for some professional advices for tax deductions on real estate investing.

Using the standard 80% rule, this flip breaks even at about $105k, so if your ARV on the high end is $110k, it's not worth doing.

One of my rules is to require 6 months at their current job because this is the standard probationary period for the major employers in the area.

Thank you in advance for you helpAfter purchase, how much extra work (money) does it need to bring up to ARV standard?

Those look like standard sized easy to find columns.

They called their homeowners insurance and they said they'd cover it after the deductible.

Financing for Mobile/Manufactured homes is a little different than standard homes. 

I'm forming an LLC with another partner and I know that a single person can have 4 to 5 properties under his name when going through a standard mortgage process that is reported to fannie mae and freddie mac (aside from portfolio loans).I was wondering, when we purchase a property under an LLC, do we have similar limitations for the #of properties to own, or is it different?