I plan to create an LLC in Delaware to purchase this property under.Ill make sure to tag you in the post when I update the spreadsheet on Monday!

Hello:When I purchase my first property I do want to LLC it; however, it will be in another state than the one I live in.Over twenty years ago, there was a lot made of the Delaware LLC as it offered certain benefits, as compared to other states, and your property did not have to be located, nor did you have to live in Delaware to reap the benefits.Today, are there any states that stand out for offering certain benefits of using their LLC, or has it all evened out at this point?

Hi Sam, you referring to surrounding area, you should honestly look at Wilmington Delaware due to all value, cost, current property tax rates.

Find the highest and best use, it might be possible to tear down an existing house and put a cul-de-sac in with 6 homes maybe more.

De-railAccount Closed whats going on in your profile pic?

The exemption previously applied only to individuals and did not include a de minimus threshold."

I'm looking at sending my first direct mail out this next week and I would like to be able to have someone who can walk me through the process of evaluating a property with more construction knowledge than me. im looking especially in the new castle county Delaware area if possible. 

Within a ten min drive there is Fruitland ,Delmar md, and Delmar De.

., A DELAWARE CORPORATION."    

You're on a cul de sac, pretty much the worst place to rent out a party house!