This suit pertains to our Illinois assets.

The 1031 exchange specifically pertains to investment real estate, but it allows you to sell investment real estate, and use the process to buy new investment real estate and indefinitely defer all of the tax and depreciation recapture from the sale., This strategy allows you to scale up your RE portfolio by using all of the tax to your advantage and start investing in more and larger properties.

@Bill B. the more I looked the more I was what you were referring to as it pertains to the NE.

But as it pertains to the forum, as long as there's always a stream of newcomers arriving to participate in the conversations, and add their value, I don't necessarily think it's terribly harmful to the forums overall; it's just different.

It has all of the info pertaining to the buyers terms for the sale.

Any leads pertaining to a LOCAL realtor or investment group (in the Cypress/Katy, Texas market) would be helpful. 

This also pertains to podcast guests, who should never be assumed are experts or trustworthy with your money without similar vetting.

In the event that any capital is returned to a Member, such Member's Capital Contribution shall be adjusted to reflect such return.1.06 - "Capital Interest" shall mean an Interest that would give the Member a share of the proceeds if the Limited Liability Company's assets were sold at fair market value and then the proceeds were distributed in a complete liquidation of the Limited Liability Company.1.07 - "Code" shall mean the Internal Revenue Code of 1986, as amended from time to time and any successor statute or subsequent codification or recodification of the federal income tax laws of the United States.1.08 - "Deficit Account Balance" shall have the meaning set forth in Section 5.05.1.09 - "Distribution" shall mean any distribution pursuant to Section 5.04 by the Limited Liability Company of cash to the Members or any Distribution in Kind.1.10 - "Distribution in Kind" shall have the meaning set forth in paragraph (b) of Section 5.04.1.11 - "Interest" shall mean, in the case of any Member at any time, such Member's share of the profits and losses of the Limited Liability Company at such time and the right of such Member to receive distributions of Limited Liability Company assets to which such Member may be entitled as provided in this Agreement and applicable law as represented by such Member's Capital Interest or Profits Interest.1.12 - "Limited Liability Company" shall mean Test Storage, LLC, as such Limited Liability Company may from time to time be constituted.1.13 - "Losses" shall mean the net loss of the Limited Liability Company for a given reporting period.1.14 - "Manager" shall mean one or more Persons designated by the Members to manage the Limited Liability Company as provided in Section 6.01.1.15 - "Member" shall mean any Person who, at the time referenced, owns an Interest in the Limited Liability Company.1.16 - "Person" shall mean an individual, a partnership, a joint venture, a corporation, a limited liability company, a trust, an estate, an unincorporated organization or any other entity or a government or any department or agency thereof.1.17 - "Profits" shall mean the net income of the Limited Liability Company for a given reporting period.1.18 - "Profits Interest" shall mean an Interest other than a Capital Interest which entitles the holder to a share of the Limited Liability Company's profits.1.19 - "Substituted Member" shall have the meaning set forth in paragraph (a) of Section 7.01.1.20 - "Treasury Regulations" shall mean the regulations of the United States Department of the Treasury pertaining to the income tax, as from time to time in force.1.21 - "Unit" shall mean the capital units issued by the Limited Liability Company to its Members in exchange for Capital Contributions, which represent the Member's Interest in the Company.1.22 - "Value" shall mean, with respect to any Distribution, if cash, the amount of such cash, or if not cash, the value of such Distribution calculated to paragraph (d) if Section 5.04.ARTICLE IISTRUCTURE OF THE LIMITED LIABILITY COMPANY2.01 - Formation.

Originally posted by @Geoff Delgrosso:@James Wise ill email you tomorrow...It pertains to another business that he operates  Ahh lemme guess.

I have a few questions really pertaining this BRRRR project.