You trust that you made the right decision.

Consider if it will truly benefit your tax position, liability protection, or asset management, or if it will just add unnecessary paperwork.If you’re in a state like California, keep in mind that you’ll have to pay $800 annually to the Franchise Tax Board, file a periodic Statement of Information (SOI), and submit a Beneficial Ownership Information (BOI) report.It’s a good idea to consult a real estate attorney to ensure you’re making the best decision for your specific needs.

It is quite complex and heavily manual and opinionative (a lot of decision comes from intuition). 

So I guess overall, my question is can you help me align my expectations with what I am finding, is this a case of "yeah, the market is weird right now, this is typical, you have to make a decision" or...

Corey- I am thrilled to hear about your decision to invest in real estate.

We can see where I might be able to help you make some sound decisions as you move forward.

With their expertise, investors can make more informed decisions about which properties to pursue, helping them assess potential return on investment.

I'm not trying to talk you out of it, I'm trying to help you make a well informed decision.

@Tony Thomas Even though it does not appear there are any meaningful tax advantages, I believe the lesson to be learned here is to focus on making business decisions that are best for the real estate and operation of that real estate.

Why is the decision based solely on what the past owner did or didn't do?