So, collect as much data as you can, look at the totality of it, recognize that it’s imperfect (but better than nothing), make the best decisions you can make, take the leap, and don’t look back.  

It is recognized by law and recorded.

An annual report must also be filed - LLCs costs no less than $300; C Corporations cost $20 (they don’t recognize S Corporations), LLPs cost no less than $250.Many states shield LLCs, LLPs, and S Corporations from these taxes.

Most people who use social media to search for a home, will choose a person whose name they recognize and have been referred.

Jeff Watson has done numerous webinars on this subject but I suppose he will be doing a few more...sorry JeffI think JCC addressed most of the issues very well so I thought I would just add my 2 cents.FM posted this bulletin last October:http://www.freddiemac.com/sell/guide/bulletins/pdf/bll0924.pdfPage 6 States:Freddie Mac recognizes the benefits provided by private investors who invest in the housing market by purchasing distressed properties that are legitimately renovated and resold at a fair market value.

Seasoning period is typically defined as how long the bank will require to recognize rental income on a newly acquired subject property before calculating those rents into your DTI #s.  

If a date of sale was more than 10 later the initial investment, no capital gain is recognized.

LLC s are recognized everywhere.

Gain recognized from the sale or exchange of depreciable property between related persons is treated as ordinary gainYes, the gain has to be recognized on yearly basis for 15 years.

Getting familiar with running the numbers and recognizing deals is my homework for the week.