Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines

Our kids are really young, we would like to put the LLCs in a trust to avoid probate, what do you guys recommend?

The calculation involves:Selling Price: $1,075,000Original Purchase Price: $355,000Depreciation Recapture: $105,300 (taxed at 25%)Capital Gains: Sale price minus original cost, minus depreciation, minus selling costs (~15-20% federal capital gains rate for their income bracket).State Taxes: Since the property is in California, state capital gains taxes will also apply.Given the multiple layers, I’d highly recommend your parents work with both a CPA experienced in real estate and a qualified intermediary for the 1031 if they choose that route.If you need recommendations for professionals in Illinois or California, feel free to ask!

My only recommendation is you go with someone local to where you are.

I'd highly recommend attending some local reia meetings.

I recommend you figure out what you want to do, then actually do it to see if you enjoy it, have some skills, etc.

For example, I work closely with a PM down here in Charlotte so I know what they're going to be recommending for updates/work to be done prior to getting a tenant in place.

Highly recommend

Hey Melissa, I would recommend learning a bit more about the area you wanna invest in.

Hi Kwanza,Bay Tek (650-204-1512) would be a great starting point, but I’d also recommend reaching out to Adler Builders (650-398-9030) and Mission Home Remodeling (415-855-7269) for comparable bids.In San Francisco, you’ll need a licensed General Contractor (GC) to pull the necessary permits.