It seems Illinois is a unique state where you need someone local to help execute the quit claim deeds.

My wife and I purchased a unique property that includes a 3 br ranch with a "mother in law" suite.

Hello, My name is Liam Nichols. I am a 17 year old future real estate investor with lots of options. I am fairly educated in real estate. I have read multiple real estate related books, and I am an avid listener to th...

@Tanner Sherman makes a great point regarding REPS and whether or not one can benefit from the accelerated depreciation.To answer your question @Alex Bellini, each property, and type of property is unique and have different assets and amounts that can have accelerated depreciation into 5 year (personal property) and 15 year (land improvement) categories. 

For those who are curious, my motivation for using a different LLC name is just so the LLC name is unique to the property and somewhat tangentially related to the address of the new property.Thanks in advance!

I assume you got an inspection and that's where this is coming from, and I would suggest it would probably be better to become more learned on systems before making offers than just waiting for inspectors to tell you the obvious and hope to beat down the seller on price.

Clearing the land, leveling the pad for a house,  hauling the rock and building the driveway, trenching for water and power, septic systems,  footers and concrete slabs.

New roof, New electrical system.

A few receive benefits so one person can care for the kids/older relatives while the older kids go to school and work one or two jobs and the other older adults work one or two jobs AND have the second home businesses or side gigs. they get a 30 day notice with no warning and don’t want to deal with the legal system or don’t know their rights or have language barriers so they end up with relatives or in cheap motels because no one will rent to them for one reason or another (benefits, pets, no ID, no credit).

I'm curious if anyone has a good system they are using to Schedule people, track time and send to a payroll company.