So your just buying the structure?

This means the CAT tax applies to C Corps, S Corps, LLC's, basically any business structure.- The CAT tax applies to rents received in the normal course of business although it does not apply to the disposition of capital assets.

I JUST DID MY FIRST SUB2 DEAL AND LEASE/OPTIONES IT OUT 5 DAYS LATER FOR A PRETTY NICE BACK END (IF THEY EXERCISE THE OPTION IN 18 MONTHS).I THINK WE'LL ALL AGREE THAT REAL ESTATE INVESTING IS GREAT BECAUSE OF THE DIFFERENT METHODS AND OPTIONS.EDUCATION IS DEFINITELY THE KEY.

And, to clarify, you don't need an attorney to file the paperwork--that's easy--you should seek an attorney's advice BEFORE filing any paperwork to help you select the right entity structure(s) to accomplish your goal.

hmm... a few useful bits of info from what I've learned so far without copying the entire fix and flip page from my website:An ideal place to start looking might be in neighborhoods that are in the 25-35 year old range; basically where houses are outdated but still hopefully in good structural condition.With this kind of unit, you can focus on some of the more basic, value-added repairs such as paint, flooring, landscaping, and other basic finishing touches.

This Property is currtently listed, also we have a buyers agent we are finding hard to market with it still being on mls at 219,900 we need to sell reasonable time if we close cause holding cost will be way too high how can we structure this deal to get out in the next 30 days (1)doing all out blitz and selling at discount to end buyer and structure so we can cash out without closing 2.close refinace pull some equity then continue to sell with or without best realtor in town, 3.

Realtors are trained to know that FHA has strict cosmetic and structural requirements.

How would I go about finding the deals to sign up(same method as for lease options?)

I followed the same method and my score again is now 734.john

Thanks for discussing the merits of commercial lending.When you work with the lenders, what are the different ways that you can structure a deal in the best terms for the investor?