Huntsville, AL is my #1 at the moment, followed by Augusta, GA.

Then bought my own deal the following year 37.7k sq ft warehouse on 4 acres in Plano.Been buying industrial for last 6 years.I think your plan is right, I'm a big proponent of joint venturing on commercial deals.

Send them a written notice of non-renewal, following your local laws about how much notice you need to give.

Just be mindful of the following things when it comes to California.California does not recognize Bonus DepreciationCalifornia does not recognize real estate professional status.Therefore, you can potentially reduce your Federal taxes but not your California taxes.

It is my understanding that gifting a property does nothing to step up basis as the capital gains would follow the gift. 

Followed Energy credit.  

I would follow the laws of your state @Daniel Liu. 

Hi, long time follower, however not too much on posting.Goal: I’m looking to purchase a 3 family property in central CT.Position: Currently I own two condominiums that are under an LLC.

Just keep in mind the process can take a little longer since you’d need to work with contractors and follow FHA’s requirements.4.Your End Game: Whether you’re planning to stay long-term, rent it out, or sell once the work is done, it’s important to have your exit strategy mapped out.

There are rules to follow!