He proposed to his tenant to purchase the house AS Is for $150 K with 10% down, 5% interest for 7 years.

How is your CPA proposing that you get all these assets into new LLCs from the C-corp?!

Edy Eddins has made several post on this forum.He has presented Blazevic Funding Group in the most professional manner possible.I have noticed most of you have complained about paying a membership fee.They are several employees in the Blazevic Funding Group.You don't work for free so why should they.The membership fees you pay will pay their salary for underwriting, advertising, web programing,member counseling, and the list goes on and on.Frankly I am surprised that Blazevic Funding Group can sell a membership this cheap for the services they offer.That is the simplest way I know how to explain the fees.For those of you that still don't understand the program of Blazevic Funding Group look at Blazevic Funding Group as a match maker they simply match your loan proposal with one more of hard money lenders that is associated with Blazevic Funding Group.You may also look at Blazevic Funding Group as a hard money broker.Any way you look at it,they are simply making it possible for you to get a hard money loan done with no credit check and no 10% down.I have done several hard money loans with Blazevic Funding Group.The first one was a flop the other 4 went smooth as cutting butter.

Zoning and Restrictions: Unless the Property is zoned and can he legally used for ____________use, or if there is notice of proposed zoning changes,deed or other restrictions that could prevent such use at time of closing, Buyer will have the right to terminate this Agreement.

Back to the OP, I would consider explaining that you foresee insurance coverage issues and propose a cash for keys and start fresh.

I propose we share ideas to help each other maximize our success!

Wanted to start a thread addressing the implications of the proposed tax changes to Canadian corporations.

But as it turned out, Carson, as a relative political outsider lacking strong connections to the administration, was out of the loop: The final proposal crafted by Trump budget director Mick Mulvaney called for cutting closer to $7 billion, 15 percent of its total budget.

Especially if they aren't what is considered an accredited investor.1) Would love some feedback what I should be asking the attorney and CPA.2) Would like your feedback on the proposal itself.

What you're proposing is just a for-profit corporation that donates to charity.To quote the IRS: "To be tax-exempt under section 501(c)(3) of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes set forth in section 501(c)(3), and none of its earnings may inure to any private shareholder or individual."