He went on to mention that he raised the rents to just under $15 below market rate, and got the tenant to sign a 3 year lease if they would agree to allow a remodel (which he gave them a selection styles to pick from).Thus, he was able to significantly accelerate the asset stabilization process from the very beginning by increasing rents, remodeling, and getting new leases.What's your success, failure, or near casualty that you escaped? 

If you're ever like many of your fellow Californians and "escape" to Denver, reach out. 

So you will not likely be able to escape CA taxes no matter what state you create your LLC in - maybe talk to your attorney about which offers better protection for you. 

My short term goal is to own 7 cash flowing properties in the next 2 years and long term would like to become financially free and escape the rat race.  

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

Especially if you are self managing....I don't think I'd want to be paying you as sponsor that much....I'd break out the utilities and other expenses too.I can't escape the feeling its a little light, though of course I don't know the property.

Luckily, I escaped without purchasing anything.

If there is a component missing (fixture) there really will not be a good way to test the system unless you can shut off the supply line to it and prevent the air from escaping there.

Theres a couple of certification agencies that are national. irem.org and there's a swecond that escapes me.

I am talking with quite a few homeowners at the moment but need to create/receive a wholesale contract that has an escape clause and such.