Howdy all, I've searched many of the forums and found a lot of good information on virtual assistants.

I'm talking to the seller's broker, but I would like to find my own people to assist with the due diligence period, such as an SBA loan broker, an accountant with experience doing QoE for this kind of transaction, and a lawyer.

If you're accredited start researching potential syndicated deals- Some you can get in for as little as $50K; muitifamily, storage facilities, Residential Assisted Living..... 

The only thing is WY LLC will flow through the income and losses to our individual CA return. any insight on this matter is greatly appreciated as I’ve heard and saw conflicting things regarding LLC needs to be registered in CAthank you ! 

I might be able to assist(Feel free to send me a dm if you dont want to disclose this information publicly)

I'm not well versed in the tax code by any means but this whole depreciation thing seems like something that applies to some people based on individual circumstance but the gurus preach it to the masses.

If you ever need insights on managing properties effectively, tenant placement, or maximizing your cash flow, feel free to reach out.I’d love to connect and explore ways we can collaborate or assist each other.

Robbie - first thing that comes to mind is renting out the rooms individually on shorter term leases (co-living model). 

So whether you sell to their trust or to them individually it still has to pass from you in order to do the 1031.But even more you don't want to be in ownership when they pass so you can get the step up in basis and inherit the property tax free.

Some co-hosts are locals who will assist and drop off extra linens, do check ins, etc.