California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

rents flat or rent growth? 

Flat fee is your safety, profit split is your upside—works best when you really trust the investor.Equity Sharing + Second Position: Kind of like the repair funding idea, but you just lend for repairs and instead of only charging interest, you get a piece of the final profit too.

Typically, the adjustments I see on appraisals for basements are more flat rate adjustments. 10k is usually the number I've seen.What stinks is that there are a couple of model types that have below grade space where the builder, I'm sure, was trying to lower the taxes by having it below grade so the county wouldn't count that space in the assessment.

You can still find homes in these markets, among others, that are priced between $160k to $275k that still provide passive income, allowing your residents to pay down your mortgage, cover your other expenses and still have excess money to either save in an account for future investing or pay down your existing mortgage faster. 

GC's get paid off of the work, not a flat rate... but in your experience, would you say that window of rate is generally 10%-20% project depending, or more towards 15%-30%?

And it runs 1 asset at time with flat costs/time frame and we know each state is different.  

Assuming you are both working and the rentals are long-term, rental losses up to $25,000 can offset W-2 income if your MAGI is under $150,000, with excess losses carried forward.This post does not create a CPA-Client relationship.

On one project we did we proposed 36 highway accesses and were denied as been excessive. 

A 1031 must be for equal or greater value or the funds in excess of the value of the new purchase are taxable.