Question about a possible alternative to the LLC with scorp tax election.LLC with Scorp tax@Brandon Hall, @Steven Hamilton II:)I see 3 downsides to running with the LLC with scorp election.1 Separate tax return for each LLC and yourself.2 Unemployment tax on your income- although limited to $8,5003 Ambiguity on what a reasonable salary is for a house flipper.For number 3, allow me to expand on my confusion. 

I still think it's a good alternative investment vehicle, but as something that diversifies against other types of investments. 

Thank you Scott. and Rob, I wanted the cheapest alternative.

Hint - GREY- WHITE HAIR. lolI did my first lease option in 1983 when interest rates were really high, so Wraps - AITDs were common.And another alternative, is a contract for option to purchase, which I have written about on my blog here at BP.http://www.biggerpockets.com/blogs/3/blog_posts/26565-a-contract-for-option-is-better-than-a-lease-optionYou couple the CFO with a lease, and you avoid equitable interest (this is my opinion, ask others).Lastly, I do not want to do Credit Improvement personally, especially when negotiating a discount on charged off debt.I use one of the best Credit Improvement Companies (In TX).

As far as personal folders and what not, I think gmail can do everything you need as well as allow tags and easy searchThese are just my thoughts, I don't like to pay for technology when a free alternative is there.

You may also want to look at the self-directed Solo 401(k) as an alternative if you are self-employed.

The fundamental question is how much equity do you have in it and what are your alternate opportunity for those funds. 

Given that it is primarily restricted to certain states, do you see it increasing in popularity among states that don't [formally] recognize the structure?

sid=38381479&nid=148&fm=most_popular&s_cid=popular-1SALT LAKE CITY — An Orem man deceived hundreds of investors out of about $28 million in an extensive Ponzi scheme that began in 2010, according to a complaint filed by the U.S.

I do have a suggestion for the future, though: you might consider using some alternate method of contact if something like this happens.