I wanted to know if anyone can recommend a way to pay a contractor that doesn't accept credit cards with a credit card to protect oneself from being ripped off.

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. 

I think the value is in the recognized liability protection, not the anonymity that I hear the gurus constantly promote.

Sorry, but I am also in the self-manage camp and don’t appreciate the implication that people who self manage do it because they are control freaks, or cheap, or too dumb to recognize “time is money”.My husband and I hired numerous bad PM’s in our rookie days.

The remaining taxable gain is generally deferred over the term of the note and recognized each year based on the percentage of principal that is paid down each year. 

So learn to recognize those that are playing a different game and you will do fine.

A recognized SEC compliant offering or formal exemption, includes professionally prepared PPM, Operating Agreement and Subscription Agreement, and Reg D form filed with SEC6.