Each of you will report 50% of the property on your individual tax returns.  

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

Hi Felipe,Title & Escrow typically ranges from 0.75%-1.5% of the price, but I'd recommend getting an estimate from your preferred tile & escrow company.

Some of the other people I would want on my team are contractors, insurance advisors, bankers, loan officers, asset protection attorney, business structure attorney, home inspectors, a closing attorney, and title company.

Now, where did I put that special report on hoarding?

If I were you, I'd either find another company, or get a trailer and a helper and go pick them up yourself at Lowes or Home Depot.

Based on what I’m reading (2% rule, 50% rule), and the cost of property management companies; it seems better to just sell it for its current value of $550k and invest the equity.

Hello dear colleagues,I am looking for an assignment friendly title company in Raleigh area. 

The application includes a background report and credit report.

Hoping to learn from what you would do differently next time and get a current progress report.