@Sequoiah BriseñoCalifornia multifamily sale and 1031 exchange purchases mandate landlords or property owners to issue 1099s for payments of $600 or more to a sole proprietor, LLC, or partnership, and request a W-9 from each vendor by January 31.Good Luck!

If you want another layer of protection get an umbrella policy.You don't want to trigger the due on sale clause for a likely low interest mortgage.Also if you aren't operating your LLC 100% you likely only have a false sense of security. 

However, these losses aren’t lost; they are carried forward to offset future rental income or gain upon sale of the property.3.

They have stepped in to cover repairs for me, pressured mngt to do the same, introduced me to other PM teams that would perform better, shared multiple resources with me to assist with the sale of the properties and have spent ample time helping me strategize overall about what to do with these properties.

What I see manufactured for sale is more a promise than reality.

To ensure accuracy, verify comps manually by reviewing recent sales in the area, property condition, and similar features.

Yes, you can purchase less real estate than your net sale and pay tax on the difference. 

A lot of time you won't, therefore you also have to evaluate your marketing/sales strategy to partner yourself up with the right property owners that everyone wins in the end. 

The sale price did.

For years there was fear that creation of the tic right before a sale might be viewed as an attempt to artificially avoid taxes.