California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

Since electricity and water is included in our rent, we also have a clause stating that if the monthly bill doubles compared to the month-comparable bill from the prior year, then the excess will be assessed as a fee.

It was foreclosures in the beginning, once that source dried up we went hard on short sales.

Mind Excess Business Loss Rules.

There are also multiple dry rotted boards where the legs of our chairs / shoe heels have gone through."

If I am going to sell it, I will repair or replace the dry rots, paint exterior, and repair the roof.

Going to get their excess dirt delivered to this jobsite. 

In fact, there're several "layers" of restrictions, including "at-risk" rules, basis rules for pass-through entities, hobby rules, new (as of 2021) "excess business loss" rules, special rules for Section 179 and business interest, self-rental rules, vacation homes rules, and more. 

Are they paying market rent, are they excessively long or about to expire, etc etc. 

@Cj PowderhornHi CJ, Regarding your Cape Coral experience, the median time on market for duplex rentals for the April to present time period was 37 days, so yes, your vacancy period for that unit was excessive.