One partner was the author of the book and the other partner wrote the forward.

It has a tenant facing web portal where they log in to pay rent and can report maintenance issues.  

This is how the California Real Estate Commission gets involved in fractionalized mortgage note offerings in the state of California and gets it authority to require that anyone selling fractionalized interests in California be licensed as a California real estate broker. 4.

So even though property values may have skyrocketed, the taxing authorities aren't able to jump the taxes as much because of the limits the grandfathering puts in place.BUT... as soon as you buy a new home, or transfer it to a new entity (think LLC)... all that grandfathering goes away, and the taxing authority will bring  you up to that new Just Market Value".  

You might talk with a real estate/estate attorney and see if it's possible to open a probate, have a Personal Representative appointed and obtain an order from the court authorizing the sale of the property by the PR with the proceeds being deposited into the registry of the court for later distribution when all the heirs are identified. 

There is always a wealth of information on the web for FREE.  

Based upon the tax certificate issued and relied upon at settlement, I would be requesting that the taxing authority abate the liens against the property and pursue the seller directly for the amounts now claimed to be owed.

In either case, The Person would now own 20% of the asset and the LLC would own 80%.I've had authorities (not the IRS - that's my last resort) tell me both.

If you read my posts regarding San Diego Covid eviction moratorium, I forecast a rising rent in excess of the already very high rent growth.  

Thank you for your email I was made aware this weekend by one of the investors on our Facebook group that Marco Santarelli on June 18th, 2024, held a "web seminar" again soliciting investors.