The quicker the agent can get the deal to the closing table the better.5) Grow Contact List - The wider you can distribute a listing to potential (hopefully qualified) buyers the better.6) Do bigger Deals - It does not take much more effort to sell a $1,000,000 vs a $100,000 property but the commission is literally 10 times a much (this applies to many areas).Prospecting for a buyers is somewhere much further down the list for a variety of reasons including; buyer may not be in acquisition stage, buyer may no longer have available capital, buyer may not have fully disclosed criteria, etc. etc.From my limited experience, initially an agent searching for you will do some work but you fall off the radar in a short period of time if you are not 'active'.Oren

I recently read an article about how much time you have to escape from a house fire given current construction techniques and materials used as well as materials present in most houses. 

The journal entry into the entity's books would be to debit the expense and credit capital contribution (to the respective person).Here are a few things to add to what Ashish said, LLCs are able to have disproportionate distributions while S-corporations are not. 

Jay, no.S corporations are taxed at the same flow through rate as LLCs.C corporations will have a lower 20% rate, but money is distributed as a dividend to you from the Corp is subject to income taxes again at your individual rates.Flow throughs (sole proprietorships, LLCs, and S corps) under the Senate bill would receive a deduction of 23% of qualified income.Yes, you should talk to your tax team.I have already been busy talking to my clients, and I know it’s going to get a lot busier from here on out.

The partnership return will distribute a K-1 to each investor based on the partnership's activity.

I would love some reassurance that these techniques arent outdated and can still work, but the gurus want thousands, I dont have, which is how I found BP and here I am.

@Will EllisYes, you distribute all general business overhead expenses between existing properties.

(e) “Service” means and includes, but is not limited to, any of the following:(1) Debt, budget, or financial counseling of any type.(2) Receiving money for the purpose of distributing it to creditors in payment or partial payment of any obligation secured by a lien on a residence in foreclosure.(3) Contacting creditors on behalf of an owner of a residence in foreclosure.(4) Arranging or attempting to arrange for an extension of the period within which the owner of a residence in foreclosure may cure his or her default and reinstate his or her obligation pursuant to Section 2924c.(5) Arranging or attempting to arrange for any delay or postponement of the time of sale of the residence in foreclosure.(6) Advising the filing of any document or assisting in any manner in the preparation of any document for filing with any bankruptcy court.(7) Giving any advice, explanation, or instruction to an owner of a residence in foreclosure which in any manner relates to the cure of a default in or the reinstatement of an obligation secured by a lien on the residence in foreclosure, the full satisfaction of that obligation, or the postponement or avoidance of a sale of a residence in foreclosure pursuant to a power of sale contained in any deed of trust.(8) Arranging or attempting to arrange for the payment by the beneficiary, mortgagee, trustee under a power of sale, or counsel for the beneficiary, mortgagee, or trustee, of the remaining proceeds to which the owner is entitled from a foreclosure sale of the owner’s residence in foreclosure.

A friend suggested this as a way to 'stand-out' among other properties. It is a pretty creative tactic and I would love to know if any one else has tried it (or have alternative little property perks).My friend owns a...

IRS has briefly mentioned this issue inRevenue Ruling 73-410, 1973-2 C.B. 53, Private Letter Ruling (PLR) 7941002 (June 25, 1979), Chief Counsel Advice Memorandum 199921045 (April 1, 1999).All emphasize that the segregation of cost to determine the 1245 property is factually intensive and must be supported by corroborating evidence.In addition, an underlying assumption is that the study is performed by “qualified individuals” and “professional firms” that are competent in design, construction, auditing, and estimating procedures relating to building construction.Also, IRS has entire audit guide at: https://www.irs.gov/businesses/cost-segregation-audit-techniques-guide-table-of-contentsThey will make sure this is done correctly so better to get professional.May be @Yonah Weiss can answer better.