Anyway to keep this post shorter I met with him and he gave me some great information and at the time I was actually transferring to central Wisconsin and he had a friend from the area, Derek Dombeck, so from there I got his contact info and when I transferred the following semester I got ahold of Derek and during that first phone call of talking with him he offered if I wanted to attend a REIA that he was hosting 2 hours away.

Copy IRS Schedule E.

Hello Fellow BPers,I enjoy reading the forums, but there are many times like international trips where I don't have  access to the web, but have time to read.Is there a way I can "download" specific forum topics and read it on my E-reader without internet access?

Here are some of the answers/comments to your questions: -As a sole proprietor or a single member LLC you will file your rentals on Schedule E of the Form 1040.

Would I need to get a new bank account for the LLC and is that difficult to transfer money back and forth between the LLC and myself?

Would I need to get a new bank account for the LLC and is that difficult to transfer money back and forth between the LLC and myself?

I don't want to get in trouble for this, so just delete it, rather than punishing me if this is against the rules.I received an e-mail from someone a few days ago asking if I would allow him to make an offer on a particular property.If you are that person, would you please PM me.Rich

Monitors.I don't want to get in trouble for this, so just delete it, rather than punishing me if this is against the rules.I received an e-mail from someone a few days ago asking if I would allow him to make an offer on a particular property.If you are that person, would you please PM me.Rich

If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

I am moving to Oregon this summer and will be transferring to a university up there so i will take a cut in bah unfortunately.