Our accountant definitely prefers S-corps to LLCs.Our goal is to continue to purchase and rent out properties with this partner and ultimately be able to get investors for future deals, so we want to be able to show that we are legitimate and have experience.Question: Do we have our friend set up an LLC or S-corp of his own and then enter into a joint venture with him?

TENANCY & SERVICE OF PROCESS Every tenant who signs this agreement agrees to be fully responsible jointly and severally for all items agreed herein, and furthermore agrees to be the agent of the other tenants and occupants of the premises and is both authorized and required to accept on behalf of the other tenants and occupants, service of summons and other notices relative to the tenancy

If they were joint tenants, the death of one party sends that interest to the survivor -- so if this is the case, the woman should own 100%If it is not a joint tenant, then it may be Tenant's In Common -- which means you can buy the 1/2 interest if you want.

Generally, you can contribute to a Roth IRA if you have taxable compensation (defined later) and your modified AGI (defined later) is less than:$179,000 for married filing jointly or qualifying widow(er),$122,000 for single, head of household, or married filing separately and you did not live with your spouse at any time during the year, and$10,000 for married filing separately and you lived with your spouse at any time during the year." - IRS Pub 5902.I would really like the solo 401k, since from my undertanding you can contribute up to 50k a year?

(Most don't do this, but it drove me crazy driving up to my properties with the grass knee high)So $750 x 12= $9,000 in Gross Rental income - ($1,950 FIXED COST) =$7,050.Of course there's maintenance: It's hard to estimate a cost that can vary so widely from property to property.

Creating a joint tenancy with a spouse or de-facto partner.

Be prepared to write several Letters of Explanation (LOE's) stating that your primary residence is in your name only, the source of your income and deposits on your joint bank statement, etc.

Allegedly the bully suffered a dislocated knee from being power slammed into the concrete.

My GI is between $9,900.00 and $12,100.00 Once I fix it up I will be looking at a GI of $13,200.00 I was hoping to do a joint venture but no takers yet.

And that it has a "joint and several liability" clause in it.