Thank you,Ray Wu

@Jason Wu,If possible, the property in question should be sold to the LLC by the current owner / loan holder.

@Polly Wu that is valuable information thank you.  

There are a lot of meetups namely, Glen Galucci, Kyle Jasey, Doug Beck, Chris Goodson, Nick Tang, Shomail Malik,  all of them have each their own meetup.

@Jason Wu The notion of deferring reinvested proceeds has to do with 1031 exchanges, which don't apply to wholesaled properties.In terms of tax savings with wholesaling, an S corp might make sense to save you a bit of money on the self-employment tax side, but that depends on your other forms of income (e.g., if you also have W-2 income from a job, an S corp may not save you that much money).Also, "wholesaling" seems to mean different things to different people, but I would make sure that whatever you're doing is OK to do in California without a license.Cheers.

Thanks for your feedbackThai Tang

Originally posted by @Allen Wu:@Dan HeuscheleInteresting take Dan!

@Jeannette Tang house hacking comes in 2 main forms - renting a separate unit OR renting the rooms in your unit/home. 

@Allen Wu I have a rental in 78250 and operate as a short term rental.

Quote from @Clara Tang: Quote from @JD Martin: Quote from @Clara Tang: Quote from @JD Martin: You need to be filing for eviction pronto.