Otherwise I suggest you have them refund your money and dissolve the LLC and work with a different firm that actually helps clients be in compliance with California law.

We will soon be closing on a property in Marion, Kansas and we will need a good, professional, reasonably priced bonded and insured electrician for several tasks needed for compliance and upgrades.

Off Market deals are found from hard work but I don't advise you start that route if you are not prepared to pull the trigger quick.  

I sounded like I knew so much and was right around the corner from pulling the trigger in every post!

I base my trigger pulling on cash flow strictly.  

If it's a high-touch (i.e. people wash the cars) you have staffing, compliance, payroll, etc. to deal with and you have no idea how "creative" employees are when it comes to theft.

In general contributions into an entity do not trigger a taxable event.Doing it prior to sale leaves you open to issues of intent and holding period and the thought that you're somehow hiding gain somewhere in the entity transfer.  

Only 1 has pulled the trigger in a purchase, and most (even those I don't work with) that I have encountered want something for nothing.

Great thread; I have been on BP and in learning mode the past eight months and have pulled the trigger on a 4-unit in the Cleveland region; it will be my first investment property....my decision was influenced by some on this thread.

Account Closed yes they do other wise it could trigger a "due on sale" out lined in the mortgage note.