For this fine piece of legislation, designed to stop money laundering thank Senators Warren and Sanders.   

Can anyone share their experience in this matter?

Purchase price: $325,000 Sale price: $365,000 Wholesaled this 9 house portfolio on creative finance terms to the end buyer.

This is circumstantial and market dependent but something you should explore if this land falls under this category.

All the documents need to be uploaded in the accela https://aca-prod.accela.com/COC/Default.aspxMore Details can be found on the city website.

I know this is a lot.

I’m seeing lenders holdback this amount.

This would also increase your cost basis of the property whenever you eventually sell.

The person will assist in some prop management but largely the GP will oversee/ manage most of the deal (design, permits, construction, leasing).I would like to add that this person is raising 95% of the entire equity check, not just GP equity 'I would like to add that this person is raising 95% of the entire equity check, not just GP equity'

That is, they will not try to sell you anything.