This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident. 

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

You can usually register a foreign LLC in a different state for a fee. 

I’d be willing to pay a small fee for your review.  

Here in Chicago we all just take move in fees.

Note for future - Ensure your leases have a lease break fee, 1-2 months rent that the tenant needs to pay in order to terminate their lease early.

The agent is willing to work with me and offered to pay our agent a referral fee but that they would need to be in the deal someway since it was their opportunity - which I honestly understand and would not try to snatch from them.I was concerned with the pros and cons with either route - direct or through an agent.

Be sure to compare the terms and fees before making a decision!

If your startup costs are over $55,000, you lose the immediate deduction, and the entire amount would have to be amortized over 180 months (15 years).Here’s an example to clarify:•If you spend $7,000 on startup costs (such as attending BPCon, legal fees, and market research), you can deduct $5,000 in the first year and amortize the remaining $2,000 over 15 years, starting when your business is officially active.

You may be able to get out of this bad deal with only your fees as a loss.