I know I will have to report the LLC’s profits but I’m confused as to how to handle the draws with respect to the IRS.

In 2018, after four years of no reports and membership payments, Vantage IRA sent him a 1099 notice saying that they had distributed the full amount last reported in 2014.Additionally, my friend filed a chapter 11 bankruptcy July of 2014, shortly before his arrest.With this being said, my friend never received the disbursement, Vantage IRA is still the member of the 7 LLC's contained within the account, and the LLC's were never closed.

(We will guide you through the sell to the buyer).In this group, you will be able to post your deals for feedback or to get one of these investors to buy.Offer is completely free - just trying to gauge interest.

And yes, in front of the tree on the right side is the power line coming in from the street so there is that to deal with also.

I thinking of this for the following:1.

That being said, I think there might be an opportunity for this program to be expanded as the the politicians seem to finally be understanding that they need to do something to fix the lack of supply of new construction homes and I'm thinking this program may end up being a part of their solution.I've tried finding some real meat/details on the program but all I can seem to find is the broad strokes at a really high level. 

. - Thanks for the clarification. 

Should I replace the entire roof or just try to manage the smaller parts?

Hello All, I am hoping to have invested in my first property before the end of the year. 

We knew we always wanted to live in the mountains, and could not stop house hacking!