We are shooting for 40% increase in rents across the board which will yield the awesome refinance value we want.

In general, creditors of one unit may only make claims against the assets of that unit.The Franchise Tax Board has taken the position that if each unit has the features listed above under the laws of the state where the Series LLC was formed, then each unit will be treated as a separate entity for filing and tax purposes.

I wanted to get into house flipping for quite some time now & have worked tremendously hard to save the money I have and get family on board as far as being private money lenders to help me with a deal.

I work full time and have been married for nearly 5 years (and who says marriages don't last).I have only recently seriously began taking in all the information I can and scratching out a plan for my future.I am interested in mostly rentals (preferably multi-family), though I suppose as I learn more that can fluctuate.My general plan is to finish saving my down payment for a personal home (my wife isn't on board with house hacking... yet), and then begin doing the same for rentals.

It could be months or as long as a year before the Zoning board makes a decision and still it could be a denial.   

If your life partner isn't on board 100 percent you will not succeed until you split ways.

@Vincent FinnThere are two excellent CPA's from Atlanta who frequently respond to tax questions on this message board.

@Vincent FinnThere are two excellent CPA's from Atlanta who frequently respond to tax questions on this message board.

However, once you talk about specific set of facts and circumstances is where google is lacking and you may need to seek connecting with a professional.You may want to utilize bigger pocket's search function as a backup.There are many professionals on this message board from Texas.

In addition, does the condo board allow for short term or long term rentals?