In California there is $800 franchise tax per LLC per year, which discourages a lot of RE investors from getting an LLC.

Both of these are legitimate concerns.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Which made my tracking for taxes and such all look super dumb because everything is off by a dollar.

.🔹 Property Tax Relief – If your property is severely damaged, you may qualify for reassessment and potential tax refunds.

Note the property tax will be -10% on the rent by itself.Month 0 to 24: $2450 * 0.5 - $1573 =-$348/monthMonth 24 to 60: $2450 * 0.5 - $1541 =-$316/monthNext issue is due to the low leverage starting at month 24, the ROI takes a beating.  

@Apryl Skahill To get your risk-averse spouse on board with real estate investing, start by educating him with beginner-friendly resources that highlight the long-term stability, cash flow potential, and tax benefits of real estate, such as depreciation deductions and offsetting W-2 income.

Your loan will be $1,100 a month, add insurance and property tax.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Dig deep into tax strategy, tax efficiency, etc  Learn about estate planning.