During that time, I built many pro forma spreadsheets and the only line item in them that dealt with taxation was "property taxes".

This is generally seen as good for fighting against gentrification and allowing seniors to age in place, as your property taxes won't jump up dramatically just because the real estate market is appreciating.Many here in WA, myself included, believe that some of our income inequality and gentrification problems could be solved by adopting California's model of property taxation.

I'm a tax CPA with a Master in Taxation. 

In order to adhere to the law, I would need to refile my (domestic) California LLC as a foreign LLC operating in Colorado - resulting in double taxation, right? 

In order to adhere to the law, I would need to refile my (domestic) California LLC as a foreign LLC operating in Colorado - resulting in double taxation, right?

@Jim MeansStudy Texas definitions or what real estate activities as a licenseeIf you buy a property as a principal you don't need a license but to do everything in real estate like wholesaling with an option contract and selling it you need a license because you're brokering and "acting agent for"Again if you take title to a property and resell it you don't need a licenseYou might have a problem with taxation with  dealer status

Spend some time educating yourself in real estate taxation. 

In this instance, the IRA is subject to a small amount of taxation on the percentage of income derived from the non-IRA (borrowed) money. 

There's so much stuff happening in Portland and suburbs all the time: new tenant protection laws, talk of rent freezes, ADU zoning/financing/taxation, AirBnB legalization and restrictions, plus lots of changing neighborhoods, new projects and gentrification.

I would have told her that taxation equals theft, but didn't want to waste my time explaining it to her.