As Dan said though, there are many tax benefits.

Everytime you get close to depreciation running out (or want more) you 1031, expand your holdings, and your tax write off. 

Best to check with a tax pro to ensure compliance!

. $800 yearly tax for each LLC.

Do you not have taxes?

Instead, it could impact your cost basis in the property, which would affect depreciation and future tax calculations.

Unless there is a reason to submit your tax returns, you could go w2-only. 

I don't think our detroit land bank sale properties with tax liens I would have to look into that. 

but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips)  a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor)  in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.

Over the years, I’ve gained hands-on knowledge in a variety of areas, including tax liens, tax deeds, rental properties, and fix-and-flips.