This is a good starting resource - https://www.ftb.ca.gov/file/bu...If its just 1 or 2 properties, you might want to weigh to see if its an overkill in terms of administrative cost, might be better just to buy umbrella insurance.

I work for CamaPlan, a Self-Directed IRA administrator, we offer Roth IRAs along with some other unique accounts.

Rental services may be performed by owners, employees, and independent contractors and include: (1) advertising to rent or lease the real estate; (2) negotiating and executing leases; (3) verifying information contained in prospective tenant applications; (4) collection of rent; (5) daily operation, maintenance, and repair of the property; (6) management of the real estate; (7) purchase of materials; and (8) supervision of employees and independent contractors.Various administrative duties such as time spent arranging financing; procuring property; reviewing financial statements or reports on operations; planning, managing, or constructing long-term capital improvements; and traveling to and from the real estate cannot be included in the 250 hours of service.

On a larger scale hotels in the hospitality industry are exclusively triple net leased.Contact administrators/custodians of self directed retirement accounts to verify leasing and its variations are used.

If the LLC was administratively closed by the Tx Comptroller's office for non-payment/non-filing then there is a de facto argument that the contract was signed by the members/managers (if proper) that the successors in interest intended to sell the property, so it is right and just to enforce the contract against the successors. 

In addition, the developer will charge a developer's fee, administration fee, and a guarantor fee. 

When I send out my mailers to the personal representative (administrator or executor) of the estate, I do mention the decedent.

If you are reasonably good in doing administrative work, do the tax return yourself if one property is all you have.

In order to voluntarily pass (transfer) marketable (insurable) title, the grantor must have what I refer to as CPA's:Capacity to act as personal representative, executor, administrator or similar fiduciary standing;Powers as provided by either by legal statute or court;Authority to make such transfer without further restriction (by court order or required noticing, for example).This is about as simple as I can distill it down to.

Customer is responsible for making sure utilities are turned on and that the bill for said utilities gets paid.)A lot of 'investor friendly' contractors don't want to go to this level of detail (and most investors don't want to pay for the additional design/administrative work) because... it's expensive to generate things like floor plans, elevations, renderings, and a full blown contract.