Hi friends!  I have a LTR property in the Springs and it's in an LLC.   Do you know if I am able to get a HELOC on the property even though it's under an LLC?  If so, how did you go about finding a lender?

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

I define small business owners as people who employ w2 employees.

For an SBA hotel loan, the SBA may guarantee say 30% of the loan and a traditional bank takes the next 50%...total LTV/LTC of 80%...will vary by business but it's higher/better than the previous replies (otherwise, you would just get a traditional commercial loan without the SBA involved). 

Most businesses, property management or not, fail due to the lack of sales, not due to the lack of systems and phone etiquette.

Will the renting of ADU rise to the level of trade or business? 

Have asked a question or 2 on here but have disappeared a few times. 2024 was a busy year for me.

As small businesses, securing funding can be a real challenge.

Also, if it fits your budget and your business needs a write off BPCON lives up to the hype. 

If I live a busy life and don't have the time or care to invest on my own, but want to put, lets say $200k to work, is a 15% cash flow return reasonable?