@Vikranth BiradarI recommend finding a tax strategist that specializes in real estate taxation, REPS and cost segregation.

Does that number include tax, insurance? 

I'm hoping to connect with a reliable CPA that I can build a relationship with to help me get on track with my tax returns but also someone that can provide sound advice as my business grows.

Additionally, it is recommended to consult with a legal professional to ensure that the provision is enforceable and compliant with all relevant laws and regulations.

Is this more for tax strategy or asset protection?

Did you know that the tax code offers many incentives for real estate property owners that have a cost segregation study performed, thus allocating costs to 1245 property?

I know there are pros and cons to selling my primary home to my LLC but my question really goes a little deeper than just tax benefits:I am curious to know if I sell my primary home to my LLC regardless of tax benefits; and then rent it back to myself (through another LLC) … technically I don’t have a primary residence anymore so I could buy a Multifamily or Apartment complex as long as I am willing to live in one of the units correct?

Tired land lords, pre F/C, tax liens, and probate sellers. 

To tackle this, start by gathering data on average rents for similar SFHs in your area through local listings or realtor consultations.

We pay too much for housing, material, taxes....Flipping is definitely a great business, but in LA, there is too much competition and very low inventory.