In light of that then any option espoused by someone that involves you immediately incurring a potential $250,000 tax bill like selling and cashing out or selling without a tax mitigator like a 1031 or the establishment of a primary residence is not doing you any favors.The world seems to have forgotten but I still see a lot of people everyday working in Publix who were once paper millionaires who kept putting 20% down. 

My background is in mechanical engineering and am currently an Engineering Manager in the medical device industry.

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.

The added benefit of this process is that you can also have your attorney sign the public records as "Nominee Trustee" before assigning yourself as the "Trustee" once the Trust has been established.

A resident on the second floor is a medical marijuana user who vapes for her condition.

Much like the folks who try to get their medical advice from Google U or Jenny McCarthy instead of paying the actual trained professionals.

Route # 11.Locate the property / Real Estate Agent2.Secure funding3.Have property management in place / Help with establishing market and rentsRoute # 21.Secure funding2.Have property management in place / Help with establishing market and rents3.Locate the property / Real Estate AgentRoute # 31.Have property management in place / Help with establishing market and rents2.Secure funding3.Locate the property / Real Estate AgentThanks for your insight!

I live in the Philadelphia area and work as a Medical Technologist currently.

The first things you need to ask yourself are the following:- How much due diligence did you do with the tenants in advance, prior to closing to establish a rapport with them and to go over what the new procedures will be?

Clearly, the person they shared it with is not one of them.Lender is aware and has sent it to corporate because the buyer is a very established investors with a multi-million portfolio, so they do what they can to keep him happy.