I just bought my place up there and it has 5 bedrooms, separate 700 sqft game room, and an indoor lap pool.  

Plan on hitting these 294 back up on 11/1/14 along with another 300 DFD to keep this populate separate from others.

I am more than willing to be transparent and separate facts from speculation or gossip.

His answer to "why are you doing this" was always the same: "My wife and I are separating so now I need a separate house for myself."

It is what separates the dreamers from the doers, the poor from the rich, the woulda-shoulda-coulda's from the successful.Discover and learn everything you can about real estate investing.

You can find a debt collection agency that will chase them down for the overdue money (separate from any court judgment, which you should also seek).

I wanted to know if I can have 2 separate business's.

Of course, if you DO create the Agency relationship by soliciting the listing (or by other actions or statements), then you have a clear fiduciary responsibility to your client, and should obtain a separate, written acknowledgment that you have fully advised them of market conditions if you are going to purchase the property.As to your actual disclosure of licensee status, your presentation of this fact is key to the type of response you will get.

This would mean 773K should be allocated to the land and 227K to the building.If you later rehab the building this should be treated as a separate group of assets.

It also seems like a land trust offers a little more legal separation than does an LLC.