He found the method that works for him, trespassing.All health clubs will have some sort of requirements to become a member: Pay the dues and be of legal age for liability purposes.

I don't look at this day with fear anymore or sadness or only remembrance but with purpose.

If you are the only member on the LLC, for tax purposes that LLC is disregarded and doesn't exist, so I am really curious what tax benefits a person gets from incorporating LLC.

I actually chose to share the address on purpose in hopes of getting more of an analytical response.

Has anyone ever purchased investment properties for this purpose?

Originally posted by @Teddy Patrick jr: After the rehab my wife and I are going to go to the bank and get a mortgage on it basically buying it from my private lender as our primary residence.....You are not buying it from your private lender unless the title is currently in the private lender's name.Do you doing a refinance to payoff the private lender, not a purchase from the private lender.There is no gain in this transaction for income tax purposes.

I shouldn't reveal this secret, but I've actually devised mail campaigns intended to create nixies, merely for the purpose of identifying houses whose owners do not receive mail.Then the mailers job is to quickly and efficiently identify the best way to reach the owner(s) or parties with interests by skip tracing them.The objective, of course, is to find the anomalies.

@Luke Liu Any fee you pay, any items related to the house and some travel for the purposes of tending to the house are expenses. $250,000 is eligible for tax exemption from capital gains when you sell your primary residence. http://www.irs.gov/publications/p523/ar02.htmlRemember that positive income is a good thing :) If you make money on the rent, make sure you hold some of it back for tax time.

With people out there charging literally tens of thousands of dollars for the same information, I'd have to say this is the best resource I've found for real estate investing.My primary purpose for joining and getting started in investing is to become my own sponsor.

I explain that earnest money has two purposes, both of which are satisfied elsewise:1.