For those very reasons is why I like performing notes and for the investor to hook up with a company that is in the business of originating good solid performing notes like @Don Konipol  and or some other affiliated companies.. we never run out of notes so when one pays off you roll into a like kind note in a matter of days..

Yes, we have a few different accounts 1. operating expenses for the business 2. one account where all rents and cash reserves for maintenance are held 3. security deposits 4. company taxes 5. company savings 6. company salaries, etc..

the permit or business license or both?

Sale price: $496,900 New Construction Single Family Home finished in earlier 2024.

My 35-year professional background is in commercial construction, mostly design-build with about a 60/40 split between design and construction.

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

This isn't a personal relationship its a business one.

It's under construction now and is staggering how big it is.

I recently found an agent who is willing to list properties at a discounted commission for investors in return for repeat business.

@Harish MaiyaWould you be interested in building new construction multifamily in the area?