California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

I actually reached out to him just to phone chat as while he was arrogant and grating, he seemed to know what he was talking about.Very arrogant and all-knowing over the phone, just rubbed me the wrong way.

I never actually purchased trees before so I don't know the cost.

You can write off everything still, its actually better if flip takes more then a year as you can make it look like a long term capital gain, need a investor friendly CPA who isn't afraid to do what gets you the lowest tax payments. 

Since it says you are new to real estate and sharing calculations, my experience is that a lot of new investors are spending a lot of time "modeling" and zero time actually seeing homes or multis or commercial properties in person.

You’d be shocked by how little actual screening many PMC’s do!

. :) Having more than ten bank accounts is excessive, in my opinion. 

I actually just joined NARPM.

Beyond that, any excess cash I have will either go into investments or into savings for a down payment on my next property that I can house hack again.

I even tell them to reach out to me if they have questions, knowing only a few will actually follow through.And that’s what sets high performers apart from the rest: taking action when most people hold back.If you’re just starting out, remember, one conversation could change everything.