According to some of the posts in this forum, I'm making a big mistake, but...Our HOA board has quit having meetings, quit doing maintenance on commons, quit taking care of the grounds, and can't tell me how they have or will spend the money.

I am pretty sure this is a common post.

Here are the appointments so far:Transition Chief: John PodestaChief of Staff: Rahm EmanuelBiden’s Chief of Staff: Ron KlainWhat do they have in common?

Thanks for your input guys, but neither of you answered the question, which was not a "trick" question Dan.I often am asked by new investors if they should use the services of attorneys, CPAs, etc. or go at it alone until they make enough $ to afford them.That is the common question, not how much financial planners make. the FP was just one of many professional which a person can utilize, I was not specifically referring to them.Any real thoughts on how YOU would answer this question if asked of you by a new investor?

This gives you incredible buying power (all cash offers) right off the bat.I realize it is dissapointing to not be able to pick up a few on your own, but from the partner's viewpoint, he/she is wanting full attention, support, and time spent on your common endeavor.

I work for the Employment Commission in Virginia, and the paper work is coming in like CRAZY, and from what I hear VA is not as bad as other states.

Now, I have a relative who is gainfully employed and has around $70K cash liquid.

If mark to market / transperancy was possible I think the FED would have employed that strategy (like Sweden 1990).

Your CPA is right on that point, but his advice about sheltering self-employment income taxes with an LLC is off base.

Some additional background about me is that I'm self-employed making a good living, own a house and a credit score of 760+.