My question is are there any BP members in Columbus, Ohio that could maybe teach me a thing or two?

I have a single member LLC and my understanding is that I would be setting up a separate checking account where I was appointed the trustee and that all income and expenses would flow in and out of this account.Once the checking account/trust is created, how would you handle the financials for the actual 401k plan?

Since you are putting up all of he capital it is probobly best if you are the Managing Member and he is just a member.

I have support from all my close family members so that is also a huge help!

our board came new rules and regulations without a vote of the association members.

 @RachelChambon Hi Rachel...you probably want to put your new post here: https://www.biggerpockets.com/forums/55-new-member...Welcome to the forums :)

Ultimately, I want the primary source of my income to come from investments in real estate and private businesses.Although I’m pretty much a silent reader for now, I will join the conversation as I feel like I have more to contribute.Thanks to the active members for sharing their knowledge, and good luck to everyone on their endeavors!

An estate attorney should be addressing this, it depnds on the trust and depending on the registration of the LLC, the trust may be named as a member opening the trail to the trust, so the registration requirement may dictate the plan.I have trusts and LLCs, but they are not formed because I'm as paranoid as most seem to be here.

I'm not big on most designations, especially those for Realtors, the best one is "Life Time Member Million Dollar Round Table" for a residential agent.

Any family member who is to live in the residence can also be excluded.