Out of curiosity, did you at any point treat wholesaling land as a niche to concentrate your wholesaling operation around?

If my interpretation is correct, then I don't see any tax deductions related to a business entity "start up" that would apply (with possible exception of registration cost), or, that could not be taken on Schedule E if the property were held in his own name.Since there is no self-employment income tax on rental property income, a sub-S corporate entity would not the best title holding vehicle for a rental property and the OP could actually lose some tax benefits that accrue to a residential rental property activity.

I'm the OP and the post has nothing to do with politics, and everything to do with my curiosity about what real estate investors are thinking when it comes to investing in CA.

Originally posted by @Terrell Williams:@Mercedez H.From what I've heard about wholesaling...it can be very lucrative out of curiosity where'd you hear this... from what I've heard it's the exact opposite with a few exceptions.

As a newbie, I hope you don't mind me asking a question— how much capital did you accrue prior to that first property?

I was scanning Zillow today and looked at Vegas out of curiosity.

If this is truly a loan suspension (no interest accrued, no credit effects, in writing, etc.)

Out of curiosity...How long, from when you first started educating yourself about real estate, did it take you to complete your first deal?

@Kay Kay Singh Out of curiosity are you looking to syndicate 3 yourself with 500 doors total?

While inflation is destroying the value of the debt you hold on that property to the debt owner, it is inflating the value of the asset that you hold, benefits all accruing to you.