There is nothing to pass down to your kids.

I pass them on to my clients, as the law requires, but I advise them to ignore 99% of them.- You don't need to offer the full asking price as earnest money, but a large deposit definitely helps woo the seller into believing your offer is serious.

Have you passed a Series 65 or similar licensing exam?

Close family passed and I'm now looking at buying a small house/cabin in Colorado to do STR. 

Open Floor Plans: The design of these homes features open layouts that feel larger and more spacious than they actually are, making them ideal for entertaining and day-to-day living.8.

(I just went through probate when my mom passed and it sucks and would like to prevent my successors from having to deal with the same if possible).Bonus question, one of my properties is still under mortgage, he mentioned something about transferring it to an LLC can trigger a due-on-sale clause but not when transferred to a Trust.

My parents passed on as much of the expense to the tenant as they could.

If they passed away, stepped up basis,  multiple properties then a landlord- getting old they will want to sell- their kids won’t want them, etc etc.  

Sounds like lower non qualified / qualified ratio is the way to reduce CGs and depreciation recap.Furthermore, 1 property is owned by my elderly mother and can future reduce CGs via step-up at passing (assuming current step-up tax law)Property 1 (CA Condo $800k FMV, $450k basis, 10 year owned as 2nd home, wife+I are owner)Rent 2 year in CA (24mo rule), 1031 to WA, rent 1 year before converting to primary residence for 5 year before sale.Is qualified use years 10 (2nd residence) + 5?

Pass-through utilities are those that get billed to the landlord, and we pass the charge on to the tenant.UTILITIES.