California will charge you ~$800 for each LLC, I hear even if outside the state.Meanwhile, it’s best to have the LLC registered, whether domestically or as a foreign entity, in the state you are doing business.

I decided to sell with the increase in property value and did a 1031 exchange to purchase a chalet in Gatlinburg.

Whether I decide to grind out my MBA in 4 years (summers included) and take on 30-50k of debt, in exchange for the opportunity to get a decent paying job out of college, or call it quits after one year with no student loans, and get a job for lower pay, without that college degree, (at a RE company), could impact the amount of my own money I have to invest with.

We hired him to draft a contract between us and subject to quit claim "giver" when we obtained a property in exchange for the commitment to pay off the existing mortgage.

Maybe the reduced rent was in exchange for some work the tenant did.

There's no correct way to structure an entity, every type of structure has pros and cons- more or less liabiliy in exchange for more or less cost.

Are low fees the number one factor that you would look at, or do you guys think owners would be willing to pay fees in exchange for a company that has a strong structure and business processes, and performance, which can be validated through online reviews, client testimonials & references, etc?

Basically, if you 'negotiate a sale, exchange or rental of real property...must be licensed as a real estate broker.'

I have varied levels of experience and am always up for a discussion of our profession.I believe heavily in the power of the Internet and think this is a great forum for not only information exchange but for networking and increasing the investment community base.Now is the time to look into opportunities.

I'm doing my first 1031 exchange.