This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

@Daniel Cacho I’m 35 years old, have been in the game for over a decade, own 26 doors, run a property management company with 350+ units, and operate a realty brokerage with a small team of agents.

Focus on running a clean operation rather than perfect technical compliance.Pro Tip: Your biggest risk isn't the IRS - it's partners who might complain to the IRS.

Hello @Alyssa Dinson,The adage, "Live where you like, but invest where you can make money," is true and remote investing works, if you have an experienced investment team.We’ve run an investor services business in Las Vegas for over 17 years.

The first misconception is that you can declare a property headed onto the market only S8 eligible, refusing to consider traditional applicants.

I think right after Josh Dorkin sold the company and stepped down as CEO there was a bit of confusion on how they wanted to run the forums.

We run a background check to look for drug distribution charges and sex offenders3.

Being proactive ensures you’re always a step ahead, minimizing risks and keeping your business running smoothly.Example: Imagine you implement an outdated tenant screening policy that inadvertently violates a new anti-discrimination law.

These items have me slightly concerned and weighs on my decision, making me want to "take the money and run".Question: Would you sell, abandoning a 3.125% interest rate, $1000/mo cashflow (which I believe would be roughly halved if a loan were taken for the capital improvements to the larger property), to lock in the equity gains tax-free made since 2020?

I would be happy to jump on the phone with you and run through your expectations and see if we can build a relationship and get this next project of yours knocked out.