@Candyce E., @Bill B.

And we are just beginning.Norada Capital Management ( Link )30251 Golden Lantern # E-261Laguna Niguel, CA - 92677-5993Professional poker players call it a “tell.”

If you sell those, gains would generally be taxable, and depreciation recapture may also apply if any are held as rentals.I’d happy to walk you through how to structure it most efficiently when you're ready.Feel free to e-mail me or reach out anytime.

If you have them e-sign they are never going to read more than date and rent amount.

Keep in mind, every deal is different and your mileage may vary.https://www.redfin.com/IN/Indianapolis/1515-E-Kessler-Blvd-Dr-46220/home/66981054 (random house, not mine)ARV / Sell Price$235,000We Calculate All CostsPurchase Price$152,75065%Closing Costs$2,000Rehab$30,0006 Months Carrying Costs$9,114Real Estate Selling Costs$14,1006%Other$0Other$0Total Rehab Costs$207,964Now We Calculate ProfitARV / Sell Price$235,000Total Rehab Costs$207,964Gross Profit$27,036IRS Tax$4,05515%Net Profit$22,981Per month profit$3,8306Loan Down Payment$30,55020%Loan Amount$122,20080%Loan Cost per rmonthPrincipal & Interest$8137%Prop Taxes$321Insurance$168HOA Fees$0Monthly Payment Costs$1,302Monthly Payment 1$1,302Monthly Payment 2$1,302Monthly Payment 3$1,302Monthly Payment 4$1,302Monthly Payment 5$1,302Monthly Payment 6$1,302Utilities for 6 months$1,302Total for 6 Months$9,114

E.

Hi @Jaycee Greene,i'm interested in the area around the intersection of S Phillips and E 79th St., and it's a 5+ million market.

You can collect  rent payments and e-sign leases. 

Now we have these wild valuations for these companies that are completely untethered from reality and eventually they will need to find a way to earn a profit or justify their extreme P/E ratios to continue raising capital.

If you are going to have tax losses, a 100% owned LLC is a disregarded entity and will not require a tax return separate from your schedule E.