I am very interested in avoiding cap gains and recapture. 

However, if your father inherits and later transfers the home, it should qualify for a step-up in basis to fair market value, reducing future tax liability.If the goal is to tap into equity, having the trust take out a HELOC may be a better option, avoiding California Prop 19 reassessment, which could raise property taxes significantly.

Several of my questions were intentionally avoided and unanswered.- Documents were promised week after week, but never delivered.- The investment portal is not properly managed, kept up to date or actively used to track financial progress of LP investments.

That's a sizeable tax bill that can be avoided just by investing in a different type of account. 

Make sure that phrase is there in the future.I probably would avoid that wholesaler if he didn't communicate the possibility of a foreclosure or if he didn't know.

Could you send me your email (feel free to format it like “name [at] domain [dot] com” to avoid filters), and I’ll send you the link directly.Also, I’d love to hear more about your background:How long you’ve been in property managementIf you’re currently involved in multifamily investments or looking to expand into that spaceWhether you’re exploring tools for your own portfolio or considering something broaderLooking forward to hearing more and seeing if there’s a fit!

I’d also love any advice on avoiding common pitfalls and how to build a strong foundation in real estate investing.If there are any resources, local groups, or even personal experiences you can share, I’d be grateful.

Avoid basing it on uncontrollable factors like taxes or insurance.

.✔ Avoid Surprises – Owners expect clarity on additional charges.

And finally, What are some common mistakes new real estate investors make, and how can I avoid them?