We set up the LLC for the purpose of buying and selling properties so this should not be a complicated document to generate and I'm wondering if this should have been included the formation documents.Please advise - I look forward to the comments.Marc

Sorry to make it complicated....but it is complicated.

There are other very capable CPAs on the forums as well, just be sure the one you pick is familiar with CA laws, which tend to be more complicated than other states (I think most on the forums are).

you owe her zero Does not sound like you’re a good fit to get real complicated and detailed on how you approve and deny people so keep it real simple.

Our situation is complicated, so I am having a really hard time getting any calculators to give us a good assessment. 

This seems overly complicated if you're just starting out. 

Are there certain tax implications that will complicate this?

Since you are only occupying your second property, you can take out a loan immediately, but you will be subject to qualifying for the full carrying costs of both properties.Regarding taxes, I have some clients who prepare their own taxes since they are comfortable with tax law and their taxes aren't overly complicated, but I think that the majority of my clients with large real estate portfolios tend to hire a tax preparer.

These are very complicated deals and probably not appropriate for a first time park buyer or someone who does not have a lot of capital at their disposal.

Does this make since or am i over complicating the whole thing?