Kw is a franchise so fee's and cap can differ market to market. 

Some broker that charges franchise fee,etc,etc it just doesn't make sense in 2024.

If I'm required to do that (which I think I may be) I'm going to have to pay $800 state franchise tax every year, for each LLC.

In California, capital gains are taxed by both the state and federal governments.On the state level, California’s Franchise Tax Board (FTB) taxes all capital gains as regular income.

As I understand it the PMI Franchise is rolling this out to all of there offices.

@Thomas Rutkowski, You also state "...And because of the fact that it is done through a qualified intermediary, the depreciation recapture is deferred for the same reason that it is in a 1031 exchange.Readers should take note that the California Franchise Tax Board has issued negative guidance regarding using the Deferred Sales Trust, Monetized Installment Sale or other installment sales techniques to "save" a failed 1031 Exchange. 

You'll immediately be able to tell who has real expertise, and who just bought a franchise. 

If you do decide to do this, stay away from the franchise ones; they're usually garbage (Real Property Management and PMI.

It is an independent 50 room hotel and I want to make it a franchise hotel which will bring in way more revenue then what we have now.

Hello, my question is in regards to Texas Franchise Tax: I formed my LLC in 2023, as a Series LLS (4 properties), Is all rent received from the 4 rentals added together and submitted as one business income or is it broke out individually and filed by each rental?