The taxes will be done/calculated under the partnership/LLC and each of you will get your own document (k1) to apply to your personal taxes.

We would like to get the zoning changed to make it a legal SFH and complete the interior conversion (basically making the 2nd unit living/dining into bedrooms)Does anybody know if I need an attorney or if I can just submit a zoning change request with the city?

They are internet based so if you work with them, you have to be prepared to be technology-savvy enough to scan documents and upload them to their secure portal.

They said that sandwich lease options are okay because you stay in the deal, but that you cannot legally do assignments without it going through a licensed agent / broker.I cannot find that statute anywhere and I have called the Florida Association of Realtors legal line to ask and the particular attorney I talked to had not heard of it.

I found Biggerpockets researching some legal entity questions I had and found the forum to be extremely helpful and professional.I live in Chicago on the NW Side.

Their lease is going to expire in 6 days.So the most I will lose out are w months rent + legal cost +bogus maintenance bill.

In order to file, you will need to appoint a registered agent which can be any individual or business entity that agrees to accept legal paper's on the LLC's behalf if it is sued.

Probably that you are to young to legally sign a contract if you find a deal.

I wanted to treat it more professionally, at least from a documentation perspective.

Generally what happens is the appraiser will appraise it at its highest legal use or in this case a SFR based on the zoning for value purposes.