State deed transfer tax to simplifileI have always bought SFH in NC but decided to buy duplex and quads in JAX area from a built-to-rent company.

Consider reaching out to a real estate agent and property management company in the area you are planning to invest in to get more insight on that market to start!

You can find more info on how the IRS treats LLCs here: [https://www.irs.gov/businesses/small-businesses-self-employed/limited-liability-company-llc]One thing I'm curious about, though: Are your parents planning to remain equal members of the LLC, or will one have a larger ownership interest than the other?

I’m a commercial underwriter with FNF/CTIC and I recently started my own recording company.

This service is provided by several authorized 3rd party companies.Here are some of the online 1099 filing companies:tax1099.comWageFiling.com1099online.comThese companies charge under $5 per form.

Some of these larger turnkey companies have done forward commitments and can offer you 5.5% rates with 30% down and that definitely helps things pencil. 

I’m a commercial underwriter for national title company and recently started my own business providing nationwide recording services.

The PM company should be managing this for you 

Thank you The foreclosing entity would need to serve the CC company to have it wiped in the sale. 

All Inspections are now outsourced to a third-party company.