All Forum Posts by: Deonte Brown

Bill's summary is spot on. Since you want to sell the property to your tenant, I would sort of hold off on the sale until you have identified your next property. As Bill said, once the money is in the QI's hands, you have 45 days, or it will be a taxable event once 46 days hit.

Hi @Rase Peters, @Liam Delumpa, and @Shelby Van Horn I commend you all for starting your out-of-state investing journey. My name is Deonte Brown, and I am a licensed Realtor in many states and understand the dynamic of out-of-state investing for California residents. I am licensed in many of the states mentioned above and other not mentioned states. Feel free to reach out to me if I can answer any questions you all might have.

If you all want to meet in person, let me know. I think we all could work something out.

Hi Peter! You can file an LLC in either state. If you file it in Washington, you would need to file a foreign entity in the state of Arizona. This is especially important because if and when it comes to evicting a tenant or bringing up a lawsuit, you will not gain much traction if your entity is not filed in the state the property is in.

Depending on how you choose to name your LLC and hold properties inside it, it may just be beneficial to register your LLC in Arizona.

Another key thing you want to do in Arizona is to make sure your property is registered as a rental on your property taxes and the local municipality if they require it. As a licensed Realtor in the state of Arizona, I'd be glad to help if you have any further questions!

Hi @Robb Wisely! I hope all is well. I am an agent and would be glad to help you!

@Jose Lopez Check your PM. 

@Jose Lopez this deal is under contract and is expected to close soon. If you want to look at more deals let me know. We can set up some time to look at a few.

Hi @Jordan Brown. I am a Realtor who knows and understands the Phoenix area. Let schedule a time to discuss your investment strategy.

@Corben Briggs I do not have a name of a cleaning company, but I can recommend a STR property manager that could facilitate all this for you. The only thing this company does is manage short-term rentals in Arizona. Let me know if you're interested.

Hi Monique! I am an Indianapolis native, investor, and Realtor. I am well versed in the market and would be happy to help.

Hi @Sean Hayes! If you still need assistance with your investment endeavors in Hamilton County, please reach out. I will be thrilled to help you accomplish your goals.