Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

There are always opportunities in buying real estate, businesses, companies, etc., as long as you know (or think you know) what you are in for.

"owned outright"- do the members have personal debt to support this, or is it both zero for personal and for the business?

I have yet to have a guest ask for a refill or mention the quality (I tried to pick a nice-looking, not-too-expensive brand).Be careful with the scents -- I had a run of people pulling out and hiding the scents and one or two people complained that they were scent-sensitive in private notes. 

I've been in the CRM business for years and real estate investor since 2003. 

Most businesses, property management or not, fail due to the lack of sales, not due to the lack of systems and phone etiquette.

Hey everyone, Who here is looking to buy or even start their own cleaning service business?

For an SBA hotel loan, the SBA may guarantee say 30% of the loan and a traditional bank takes the next 50%...total LTV/LTC of 80%...will vary by business but it's higher/better than the previous replies (otherwise, you would just get a traditional commercial loan without the SBA involved). 

As small businesses, securing funding can be a real challenge.

or3) If I convert the partnership interest into a private UPREIT, then I trigger tax if/when I sell the Shares in the REIT?