I have 12-doors there and live in California.

well a RE license only allows a California RE broker to do private money loans..

.: I'm curious how CA agents can make a living with laws like AB2992 that state:"If the out-of-pocket costs to pay their agent remain too great and the seller and buyer have not yet reached an agreement on the sales price and/or terms, the buyer may walk away from the subject property provided there is an exit clause, proceed without representation, or approach the seller's agent about possible dual agency representation." 

However, separate property must be KEPT separate, so as the years roll by there’s less likely that separate property remains separate.Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin are the community property states.The other 41 states are known as “equitable distribution” states, though their individual laws often differ considerably.  

Smart guy with the most practical advice, some great books, and he started in California.

I live in California, and have rentals in several markets across the country.

In a community property state like California, if your SMLLC is considered jointly owned due to community property laws, transferring a jointly owned property into it might not trigger the due-on-sale clause.

Otherwise you could be wasting your time.I have clients from CA and NY do exchanges in GA and other states.

You can - 1) establish a trust for asset protection, 2) utilize the Homestead Exemption for property protection, 3) consider tenancy by the entirety for marital property (this might just be applicable to California, my home state)4) make sure you have adequate liability insurance for additional protection, 5) think about forming a business entity to shield assets, 6) and have proper estate planning for asset distribution.Seek tax and legal advice from experts in your state.

Hi all,I recently passed my Salesperson exam in California, and was looking at different brokerages.