Joe,The LLC insulates you from the activities associated with property.

Terry,I have found one of the most important elements of multi-family units is to have separate utilities.That what you do not pay for, you do not value!

He said that everything appeared to be fine and that the element was too hot to disassemble.

Look for the closing/active board in the office and see how much activity there is.

You'll get calls by the dozens by all the currently active retail buyers as well as the investors immediately.

If you place the property in rental service this year, then you can start depreciating and deduct all your normal rental activity expenses.

I do not have much experience in this field at all, but I have read quite a bit on the investment side and have a lot of motivation to become an active individual in this field and do what it takes to succeed as an investor.

Thanks for introducing yourself Lacore, it's great to see that you've been active on the site.Thanks,-Michael

When they called my business model intentional fraud with jail time, and said they are actively going after guys like me, I decided it wasn't worth it.

I want to get active in my investing, but I want to make sure I cover my bases.