Originally posted by Savannah Leigh:but if i knew how to do less, i would make less, because i would get overcharged or have work done in a less efficient way.I have never done a repair more complicated than replacing an outlet or cutting a piece of trim.

Don't complicate it.

So, not too bad a deal.I do know there could be complications renting to a lot of single people.

This will result in some complicated paperwork.What is the "right" answer?

Marie Poe suggested stood firm, and not try to complicate the issue

The remodeling/renovation/restoration business is one of the grayest, most complicated businesses in existence.

Certainly some contract language can be created to deal with this but it gets complicated and messy.

Joe,Since you've done a bunch of lease-options, in reading up on the tax consequences, it appeared to me that there is the potential for lease-options to get complicated.

But the easiest way to protect the asset, and not complicated and costly like opening a corp.

Of those 10, 2 will be in a position to sell to me, the other 8 will need something more complicated, like a short sale or a sub 2.