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

The two types of membership in an LLC is Managing Member and Member.

I am currently in the process of buying a second property , thanks to the advice of several members who responded to my question reference , "how to get financing with no money down" .

Hey fellow BP members,Here is the information (hopefully not too much) on a deal we're working.

Hello All,

I am new to these forums and would like to introduce myself.

I am in my mid 30's and live in Colorado Springs.While I currently work in the Information Technology sector I have experience in both constru...

I keep a list of contractors and realtors I would work with, as well as other team members, in case I have to replace someone.

Owners may also be able to get the tribe to buy out their homes, and use them for housing for tribe members, or they may have a non profit that could use for low income housing.

A big problem I see is people exchanging trying to use their attorney or real estate broker to hold the funds.With a few exceptions all of these are considered disqualified parties:A close family member or a controlled corporation,partnership,or trust.OREmployee,attorney accountant,investment banker or broker,real estate agent or broker.If you use these people you can get disqualified from the exchange and create a taxable event.You have to use a proper QI or years later you can get a nice surprise from the IRS.Some clients have asked me and I tell them they need to place the funds and the whole process with a proper QI.No legal advice

He doesn't have to be a founding member of the LLC to act as an employee of the business if his wife hired him.Regardless, if you think he did something illegal, then you should be consulting an attorney.

I gathered bids for them, some were people I use, and some were various recommendations from the members.