Say I get 10 individuals to give me 100k, what equity interest is normal for the manager (me)?

If that strategy or hold period had him selling at the end of some other ideal time period, like 2 or 4 years, the Lessee/Buyer can flex with that.

The way I see it....you have to establish contacts with the individuals who are making the ultimate decisions about the disposition of the property.

I would plug that in and forget trying to calculate individual expenses.Good Luck,Mike

At first glance, it looks like a great place to network with like minded individuals while offering a place to share and exchange ideas, visions and investment opportunities.

I am a bookkeeper and have prepared individual and small business taxes (Sch C) for years, and even I don't do corporation or partnership returns.There are too many tax laws and loopholes to keep track of.

Locate quotes, stories, and columns by the nations wealthiest individuals like Trump and Buffet.

single member LLC (SMLLC) would not file a 1065 tax return, it is presented on a Schedule C of your individual 1040 tax return.Originally posted by "mills014":4) Would you suggest that I be my own registered agent?

Personally, when I deal with REOs, I don't put in ANY contingencies.

Our philosophy here is to focus on the individual, not their company.