All Forum Posts by: Al Wilson

Matthew Post Since your CPA is already familiar with your situation, he or she will be in the best position to advise you on how to categorize and report expenses and income. Your lawyer can form an LLC for you, if that's the way you decide to go. Good luck.

Agree with the others on this thread. Tackle debt first. The decision isn't too hard because you can't really invest until your personal balance sheet is on good order. Good luck.

Walls a light grey (that's what we are doing). Trim and cabinets a creamy white. Good luck.

Given the limitations and choices you posit, a series LLC would be by far the most economical route. Otherwise, your transaction costs will consume much of your upside.

You should discuss this with your mother's attorney before starting a new business enterprise. Good luck.

These are good questions for your lawyer or CPA. Good luck.

You would be wise to consult your legal counsel to make sure that you understand the factors that distinguish an independent contractor from an employee in your state. Good luck.

These are legal questions for your real estate lawyer. Good luck.

Agree with all who have pointed out that this is not a do-it-yourself endeavor. Use a title agent. Good luck.

1031's are tricky. You should consult with your tax lawyer and/or your CPA to be sure you don't miss a step. Good luck.