But, if this is a secondary market loan, simply servicing retained, your chances are slim and none IMO.There are investors who are unaware of the new Dodd-Frank and related FC laws and then there are some who simply ignore federal laws, but I suggest you abide by the new laws

I want to make sure I understand this tax payment thing properly.For Federal taxes, I know that there is a $800 minimum annual franchise tax in addition to LLC fees based on annual total income.For State taxes, we have to submit sales tax payments to the BOE depending on reporting due dates that they indicate.Are there any other tax / payments / fees I'm missing aside from the above?

Example: Detroit - Not Diverse, Little Rock & Chicago - Very Diverse.Property tax rates.State Government >> landlord friendliness score.

From this adjusted basis you bring back in Depreciation at 25%, add in capital improvements/increases to basis subtract from the net sale and then apply federal, state, and ACA tax rates to the remaining to arrive at your tax liability.  

.; other income from a federal state or local agency providing benefits and entitlements; and or income earned from assets (such as financial assets or rental property).

And when/if I sell, like u say, that is when the tax would go up higher cuz unless US government crashes or banking system totally collapses or i die or something in the next few years, it (market value for me to cash in on someday) can only go UP as i wouldnt sell for anything less than the purchase price (upon which im taxed) plus 100k, minimum.Because of my avid gardening hobby, it was either Santa Barbara, Newport Beach, Sand Diego or Signal Hill (or MEXICO!) 

An asset's [the note your brother would hold, secured by the flip that you may botch, is an "asset"] risk premium is a form of compensation for investors who tolerate the extra risk [investing in flips at all is a risk, going to 100% LTV is a HUUUGE risk] - compared to that of a risk-free asset - in a given investment.Most people do not have a lot of assets in literally "risk free" places like a federally insured savings account earning 0.1%/yr.

@Alden SimpsonFirst, it is a federal crime to provide untraceable phone service in the United States. 

On a related note if a home is heated or has its hot water heated by a wood boiler I'd be hesitant because Fairbanks regularly exceeds Federal Clean Air Act standards in the winter due to all of the people burning wood. 

Corey Smith I ran into some issues when working with the large banks but found a guy at Caliber Home Loans who matched my needs to Washington Federal's portfolio loan program.