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I have relatives in Columbus and thought that with a good team in place, it might be a good area to invest in, as it seems that the properties would provide decent cash flow.DedicatedLearner

I am getting ready to prepare tax form 1065 (and the related K-1 forms).

I should have thought of doing that sooner.I was thinking after I posted the link that it made a reference to a business (as opposed to REI), and people here might think it doesn't relate to them.

I've heard about privacy issues since it's in the public record, and as a result you should seek out a relative or friend. 5) What if I choose an available name in DC that is not available in MD (or VA) and I want to do business in one of those states later on?

They probably don't have it, but they might have a relative or friend that will bail them out.

Basically, it means you must spend at least 750 hours/year doing real estate related activities, or more hours than you spend doing anything else.

Then we could have personal meetings, but that takes a lot of time, so it becomes relatively expensive.To help me learn more about how I can help new investors (who are serious), would you rather pay more and get personal 1:1 attention; or pay less and get small group attention (like 30 in a group)?

Yes, it assumes an investor who wants to keep churning for optimized return -- nothing wrong with sitting back, relatively speaking, and getting a somewhat smaller return.I was most interested in the IRR sale computations because the loans I've found for commercial properties were very tight (as in didn't allow it at all) on getting a second to get cash out.

Many of us have made resolutions for better health, wealth, and quality of life with a "start-new" mentality.