Rental income will still be taxed as Oregon source income, and you will also report it on your California individual tax return as part of your worldwide income.

Also SOP for such is individual property owners will, individually, address total site cleanup in concert with there insurance providers.

We hear less BPRE episodes featuring individual investors, and it missing the breadth of STR and LTR knowledge that David Green and Rob brought into the discussion with the guests. 

I understand I can increase liability in each individual landlord policy, but one single umbrella policy is much more cost effective when I have multiple properties.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

As far as your primary residence, if you have lived in it 2 out of the last 5 years, you should not have to pay taxes on capital gains (difference between what you paid for it & what you sold it for) up to $250,000 if you file your taxes as an individual and $500,000 if you file jointly with a spouse.Just a disclaimer, I am not a tax professional.

Definitely "Company 1" is Morris Invest and "Individual 1" is Clayton Morris.

Teach a man to fish, feed him for a lifetime! 

The issue is not the contract, the issue is going to be enforcing the contract, the individual who was selling this could hold this up for years and cost you tens of thousands in legal fees, and then they file bankruptcy and stall it another 5 years.

It is our goal to provide all the tools, resources, education & coaching any individual needs to learn how to build a sustainable investment portfolio to achieve financial independence & generational wealth through real estate investing.It should be noted, that while the Academy is not a requirement to invest with RTR, the individuals that do join the Academy are much more successful long term since they have spent time to clearly develop their own individual investment strategy & plan!