James Jones
New Investor Scaling Through Care Homes and Assisted Living
20 January 2025 | 10 replies
Over the past decade, I’ve built and managed purpose-driven homes in CA that serve communities while generating stable, long-term cash flow.In addition to running care homes, I also consult with aspiring care home owners across multiple states, including Texas, Arizona, and Michigan (Detroit area).
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
You ARE subject to CA LLC tax just by the fact of YOU being a CA resident, sorry.
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
14 January 2025 | 9 replies
From internet search/Turbo Tenant: 'In certain instances, breaking a lease in California due to a medical condition might be possible.
Ian Russell
1031 exchange question
15 January 2025 | 3 replies
Any type of investment real estate anywhere in the US can be sold and replaced by any other type of investment real estate of any number of properties anywhere in the US.Washington to CA is perfectly fine.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
Depending on the loan amount for the new property, roughly a little over half of the gain could be deferred through the exchange.Without a 1031, they’ll face taxes on the entire gain, including federal capital gains tax (likely 15% based on their income), California state tax, and depreciation recapture, potentially totaling $130-150K.
Laura Yelin
Sherman, TX market
26 January 2025 | 8 replies
I live in San Diego, CA and not familiar with Sherman, TX, so every piece of info would be highly appreciated.Thanks!
Aaron Robertson
SB 721 Deadline Extended: What California Property Owners Need to Know
27 December 2024 | 2 replies
California's SB 721, known as the Balcony Inspection Law, requires multifamily property owners to inspect exterior elevated elements (EEEs) like balconies and decks.
Anthony Bodota
New to real estate and ready to learn!
15 January 2025 | 2 replies
Currently I am working in partnership on a luxury Air Bnb property in the Philippines to familiarize myself in short-term rentals.I live in Cerritos, CA and am looking to invest into a multi-family home to house-hack in Orange County, CA to get started.I will need a residential agent and possibly a contractor.I look forward to learning and hopefully working with you all!
Jemini Leckie
Out of State Cash Flow
18 January 2025 | 10 replies
Quote from @Jemini Leckie: Hello,I live in a mountain west state, not California.
Walter Jones
Uhaul Report - Where people moved in 2024
11 January 2025 | 3 replies
Tennessee holding steady at #5And of course California came in dead last.