It was a law that simply explicitly states something that was lreay allowed.  

He was able to correct the county on one part of the law when they originally questioned the dates.

And the landlord laws are terrible in CA.

Researching local laws, taxes, and economic trends is crucial.

Commit one crime and get charged with breaking 10 different laws.

Try looking in MD they seem to have friendly LLC laws and set up costs.  

STRs sound like too much work to me.Portfolio income = stock dividends, interest income (from banks, credit union etc), Master Limited Partnerships (Form K-1), Business Development Companies (Form 1099), bonds, interest earned from investing in a real estate debt fund, interest earned from being a private lenderAsking why our tax laws are written a certain way is not going to lessen your tax burden.

Some of the laws in NY changed recently and you are required to obtain a certificate of no harassment, No permits will be issued until it is resolved.You will need to work with the current tenants for this certificate to be approved which can take up to a year or more, Definitely something big to consider.  

.- Insights on the best practices for structuring these entities for optimal asset protection and tax efficiency.- Any potential pitfalls to watch out for during this process.If anyone has navigated a similar setup or has referrals to professionals who can help, I would be extremely grateful for your input!

Chris is spot on here, the new law is going to be in effect from Friday first of November.