Like Eric said, investing is the long game.

This exemption can be a game-changer when it comes to reducing your property tax liability.

Would love an opportunity to pick the brain of someone who is seasoned in the game.

The problem is that I know a lot about the real estate strategies that I can do back in the US but Spain is a whole different ball game.

Just remember you are spending time and money to improve a space that isn't yours and you're not able to take the improvements when you leave, ownership should have some skin in the game especially in a new build.   

Thanks I hadn’t done a short term flip in a couple years and getting back into the game here in riverside county. 

Staying ahead of the game by understanding how local regulations align with state bills like SB-9, SB-684, and SB-423 can open doors to exciting development projects.SB-9: Simplifying Lot Splits and Duplex BuildsSB-9 streamlines the process for lot splits and duplex construction, offering a straightforward way to increase property value and expand housing options.SB-684: More Flexibility for Smaller ProjectsFor urban lots under 5 acres, SB-684 makes it easier to pursue smaller housing developments, transforming overlooked properties and vacant lots into productive investments.SB-423: Faster Approvals, Fewer HeadachesNo one likes endless waiting.

REALITY CHECK: THIS BUSINESS IS HARD.Wholesaling and buying houses off-market is a sales game—and sales is brutal.

What is the best way to handle it so that both LLC members have a skin in the game?

How do we get back in the game while minimizing our risks on one income and with two kids?