No You do not need a degree I have a Masters in Business Administration and use very little of it in real estate.

As others have brought up, you can 1031 it into something else... but what if the current administration does away with 1031s?

I believe each state has an online data base where anyone can search by your name to see which companies you own.

I just checked out database and -Riverside Abstract was recommended.

You just need to file a final Form 1065 tax return and make the administrative change with the state indicating you only have one member, and get a new EIN.

Our forums discussion and blog comments are semi-moderated, and moderators or administrators may close or delete a thread or comment at any time and for any reason.

@David NewfangThere are a number of self-directed plan formats offered by different types of providers that suit the needs of various portfolio types.A custodian like Entrust is simply the base administrative/processing layer. 

Now the company sponsors have gone dark and I just found out that they administratively dissolved the LLC that borrowed the funds a year after doing the loan.

As an example I worked as a real estate administrator/assistant property manager on the commercial side.

Hi Monica, In Australia you can check tenancy data bases such as https://www.tica.com.au/.