., when rent increases to $850/unit).Partner A’s Spouse is willing to forgo payments in bad financial times but wants assurance that they won’t face any tax consequences on unpaid amounts.If Partner A’s Spouse passes away before full ownership transfer, the Children inherit the shares at a stepped-up basis (avoiding capital gains tax).Questions:How should the LLC Operating Agreement be structured to allow withholding payments when necessary without triggering tax or legal issues?

Hi Kevin,It’s great that you're involving your son early in real estate investing!

@Xavier PereraAt 21 and making $180K a year, you’re in an incredible position to transition into full-time real estate investing.

@Nicholas Goerss  There are not real tricks to it.

Over that time we have acquired 4 properties, 6 doors. 

This will save you time and effort, as you won’t have to travel long distances to manage different properties or handle tenant issues.For your first investment, I suggest starting with 2-4 unit properties.

Now I spend my time making sure new investors entering the market do not make the same mistakes my wife and I made. 

I’m an ex realtor who also has some experience working for a private equity group for a short time before I got a really good gig in a completely unrelated industry that will allow me to have options when investing.

Have you considered partnering with someone in your network who’s also interested in real estate?

Building on existing land helps eliminate the issue of land scarcity, which is a significant challenge due to California’s high real estate prices.