Thus, it would seem to be an exercise in futility to try to track each hour spent and assign an arbitrary number to it, then try to justify your compensation for those activities to a private lender.It would seem to be much simpler to adjust your proposed profit percentage to reflect the fact that you would be the one doing the majority of the legwork/project management.

Trying to sue somebody you don't know (not have the name of) is going to be a bit of extra work for your attorney and the retainer fee will probably reflect that, especially if you're coming with a weak case and asking them to work on contingency.Bottom line: Don't be the low-hanging fruit.

I don't generally like to give rules of thumb because the structure should fit how you operate your business and reflect some of the stuff that you have going on in your personal tax return.

If use as a vacation rental was typical the sales prices would reflect that use.

And of course, there's the cost of rehab which you should reflect in your offer.You base your offer on what the building is now, not what it could be.

That is a reflection of the lousy health-care system in America, and not the borrowers’ ability to be a homeowner.”What is notable (considering the great divide between political parties in Washington) is that the loan was created by an unlikely partnership between liberal-leaning Marks — a housing advocate known for getting arrested for nonviolently harassing bankers at their own homes on behalf of homeowners facing foreclosure — and two resident scholars with the conservative Washington think tank American Enterprise Institute (AEI).Edward Pinto, co-director and chief risk officer of the International Center of Housing Risk at AEI and a former official at the mortgage financing giant Fannie Mae, and Marks originally met while participating together on a panel at a housing conference in Washington in 2008.According to Pinto, Marks, in his signature style, “lit into” him regarding the failure of the banking system to protect homeowners against foreclosure and short sales.

Lastly, reflecting on your own journey, what are some lessons learned or common pitfalls that you believe newcomers should be aware of and avoid?

Since Birmingham is a smaller MSA the per capita rates for crime are skewed and typically reflect more crime than actually happens.

Thoughts, reflections?

It seems like it should be a really easy fix and the KY Dept of Revenue is supposed to be mailing me a bill / letter / whatever after she updated my information to reflect my goal of being a single member LLC treated as a disregarded entity for tax purposes (which she's says is considered to be taxed as a sole proprietorship and still subject to the LLET).Is there a way to just pay this without amending a return?