Forming an LLC for your rental property can offer liability protection, but no real tax benefit.

Originally posted by @Eddie Torres:@Natalie Kolodij Standard or foreign LLCs in California still cost $800 annually unfortunately.  

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Also, managing the property as a rental could offer tax benefits.When purchasing, keep in mind condo association fees and maintenance costs.

Our program only requires a small 10% down payment on the purchase price and we will fund 100% of your rehab costs.

No special sauce @Mike Grudzien.  

No, but I don't know the root causes.

Past trade measures show that such tariffs have raised construction costs by about 5–10% in affected regions.

No recurring distributions or dividends have been paid to date.

This way, all investors are on an even playing field as to risk, and there is no dilution because everyone is contributing pro-rata.3.