Hi Bob,If the LLC is a single-owner LLC, is it still crucial to have an attorney create the operating agreement versus a service like LegalZoom?

It's like using a persons weight to compare fitness level.

It seems like a great opportunity, but as someone based in DC, I don’t know much about Salisbury.I see that it's fairly close to a hospital, which could be good for medium-term rentals (MTR), and it's also near a university, which might attract long-term renters.For those with experience in this market, I’d appreciate your thoughts!

Post on craigslist, post on marketplace,  get A LOT of lines in the water and you'll be more likely to catch a fish.

(I believe NJ is like that - I don’t know about NY).

We would like to have the property to an LLC for liability purposes and then have the LLC owned by our Family Trust for Estate Planning purposes.

While this term might sound like a positive development, it is essentially a rebranding of the traditional "Price Reduction."

Depending on your level of income from those investments, you could be better off biting the bullet and accepting the ordinary income classification while exploring SE limiting strategies like forming an S-Corp.

Hi Arthur,Sounds like you're building great momentum!

I would like to buy my first investment home.