The LLC (being taxed as a partnership), will report the property's gain on its LLC tax return and will issue Schedule K-1's to each partner/member reflecting each partner/member's allocable share of the property's gain.The LLC (again taxed as a partnership), will not actually pay any tax, the LLC partners/members will actually pay the tax on the property gain at their reporting level based upon what was reported to them on their respective K-1's.

Just wanted anyone who has gone through this to share their experience. 

The people here have a vast amount of knowledge and are more than willing to share their experience and provide sound insight and advice.

It depends on how far away you are from having the money for a down payment, you might try peer to peer lending like Lending Club or even something like Realty Shares where you have less control over the real estate but a lower barrier to entry.  

Zillow, Craigslist, worth sharing the Zillow link on Facebook.

OMG/SMH...I am so embarrassed that I feel obligated to share my vulnerability with the BP community...Quick story - I just burned $200 on fire (figuratively) on my first day of my first flip.

His income cratered during the 2008 crash when they slashed the dividend from $1.24/share to .46/share.

I can't offer much help right now, but I'd be happy to keep in touch on BP and share experiences and ideas as they come.

She is also a real estate investor and we shared our stories and I made a new contact.  

My cousin has power of attorney for his parents, and within the past three years, his father has signed over all the shares of the family business / corporation to him.