A multi-member LLC is taxed like a partnership anyway by default.the business structure is an exhausting discussion. 

My concerns are that there might be some structural damage only in the sunroom.

I'm trying to determine the best way to structure this real estate deal with my father-in-law(FIL). 

This is structured with layers of removal because of Dodd Frank to keep the lender player from telling the appraiser to do anything.

@Reza Rostami, I cannot help with the internship piece, but all the flippers I know, and many of the builders too, are fairly small organizations, and therefore a) don't have structured internships, and b) don't have time to teach someone the ropes.  

It is also possible to structure an Improvement 1031 Exchange whereby your Qualified Intermediary (exchange company) acquires and holds or "parks" legal title to your new replacement property so that you have the rest of your 180 calendar day exchange period to use any remaining funds in your 1031 Exchange to complete improvements as part of your 1031 Exchange. 

Inflation and debt structure can also matter based on debt levels and property types.If someone is say worth 10 million and buying a smaller property at 1 million with 500k loan then 5 years might still be okay under certain situations.

Me and my son are going 50/50 on our first rental, duplex, section 8 home.  We are paying cash and will put a new roof on and will want to refinance right away.  My question is about how we should initially purchase t...

With that said, LP equity receives some level of voting rights in partnerships so you could structure your agreement, even through a side letter agreement, so that your “passive co-GP” has some voice in the decision making process.

They can place bait around the perimeter of the property to prevent termites from ever reaching the structure.