I want to start building our portfolio and would love some experienced help with direction.Over the past ten years, it seems like I've had numerous deals/ideas that just didn't come to fruition and I'm just feeling a bit defeated. 

Normally there're restrictions on these losses, and REPS can defeat these limitations, providing that you qualify for REPS.Self-employment tax applies to net income.

Best, but expensive and can still be defeated.5) Cameras & alarms - sorry, we're not paid enough to confront a thief in the middle of the night!

@Roshan K.Ya I know it looks sketchy and defeats the purpose of the LLC but I figure if I kept the funds seperate and can prove that they were used for business purposes only it wouldn't be so bad as a temporary fix.

.- Moving 2 properties to one LLC kind of defeats the purpose a bit; a claim on one property could bring the other property down.- If you're uncomfortable with the risk of triggering the due on sale clause, you can always get an umbrella insurance policy - a good policy can essentially do the same thing as an LLC.Again, I'm not an attorney and this is not legal advice. 

In other words, it's a self-defeating argument that makes no sense.

I'm still in the process of finding an alternative solution but I thought I'd leave this here as a warning for others looking to make a decision.For reference, I'll just post their email response to me here:As we review your inquiry, we would like to remind you of the following key points from our Terms of Use:In no instance shall ShinePay be liable for any of the following:"Lost revenue from service interruptions.Lost revenue stemming from delays, malfunctions of any product.unauthorized gains access to your account or due to shared passwords or if your password is hacked.Destruction to properly, places, or personal injury resulting from the installation, misinstalling, or misuse of any product.Lost revenue from entering the wrong account number for ACH or other bank transfer or money transfers or due to any delay in receiving funds.Damage to your structure, machines or car resulting from use or installation of our products.Any funds collected that are paid to a person that does not own the property.Any harm from defeating the lock and technology that controls the lock to a device.Failure to properly service any product or machine."

This could be perfect for them.I still fail how to see it defeats the options that I provided, or leans towards a better passive model or even a "partnership".

The blowup doll sits in the corner looking defeated as well.

In addition, his point of view is that any attorney worth their salt can find a way to defeat an LLC, they aren’t the rock solid wall people think they are by a long shot.Again, this is what I was told, so please find the answers from an actual attorney.