@Lane Kawaoka I am curious what you meant when you asked what his plan is for SFH and then went on to say that a 1031 is not a good deal due to taxes.

Hence, the low acquisition price.Construction defects law:  Hardly any condos have been built for some years now because of the problems with foundations and shifting soils meant builders were liable for bad engineering.  

The Property Investor's Network of Toledo, PIN is holding its first meeting next week Tuesday, January 10th, 6:00 PM at Augsburg Lutheran Church, 1342 W Sylvania Ave Toledo OH 43612.I joined the group at the end of Summer while they were organizing and defining themselves and currently am an interim board member until 2017 elections are held.

It's much better than some boring generic heading IMO.I'd rather get people clicking than not loli personally don't thrive on other people's failure but many folks on here like pumping their ego about how well they do and how much money they make.How about we turn the tables and see who is willing to come down to earth and say how much they lost or loose.I loose everyday and I'm better for my losses EVERYDAY.One thing is certain tho, I make more than I loose and that is what it comes down to.Picking yourself back up and moving forward.Thanks for playing hehe Nothing at all wrong with it - I didn't mean for my comment to sound snarky, because it wasn't meant to be at all.

Everything I've read and talked with says to setup an llc and elect s corp tax status for the flips, my question is should I set that llc up in WV where I live and pay income taxes or should I set it up in MD where it's doing business.

Thanks so much @Brett Snodgrass with a name like Sellers, I guess it was meant to be!

Its only meant to prepare you.

what I meant is if the check comes to you in the name of the other party then they have to endorse it over.. it would be up to your bank if they would deposit it .. with the POA you provideI suspect not.. but don't really know for sure

I now believe it is my passion, (well, that and traveling) and purpose, and what I'm meant to do in life.

I meant my personal AGI before real estate.