Add in demand for the land itself, increase in the younger generation aiming for household formation, in-migration to Florida from retirees or from other relocations, and your observation is spot on.

From a residential sales perspective, I think it will go up by virtue of life events (family formation, etc.) but it will be a wash.Those that locked in a high 5% to low 6% interest rate in 2022 will now be gearing up to move because they aren't locked into their rates like those in the sub 4%.

You would file the name with the state for each series created so it's clear its a series, but you wouldn't have to do a whole entity formation or do the annual filing fees.

[Source: National Association of Home Builders]Demand: The chart below illustrates the steady increase in household formation, a key driver of housing demand.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

These are all just excuses for following the same format that everyone else does.

I heard about setting up a LLC out of a state that has lower taxes than using your home state which may potentially has higher taxes. Wondering how that works in terms of owning rental properties. For example, does th...

I guess once you have one made, you can reuse it same format and edit the numbers.thanks@Gino Barbaro undefined