How much is he paying you monthly to use your land?

I would be willing to pay the gap as a down payment and assume the loan at 3.875%.2) I agree!

You definitely do not need coaching on anything right now because you don't want to pay someone to make your decision for you.

Depending on how much money you're making (which, if you're at a loss, may not be a ton), those trusts can sometimes cause more tax than going the standard LLC route and just paying the $800 in the first place.I'm not sure from your post if you're talking about income taxes that are owed, or the $800 LLC fee, which is more akin to a franchise fee in the terminology that you're using. 

You have the option of paying this yourself or have the tenant pay it.

The tenant is paying $1300/Mo, the market rent is $2200 a month.

I have 2 clients recently who bought houses with ADUs (one detached in Milpitas, one attached in Redwood City).

If I set aside $8500 for it, and in 10 years have to pay almost $11.5k, I will be short $3k. 

Hi everyone,I have a quick question and hoping someone can help.I leave in California/resident, and I am planning to create my LLC Business in WY and I am wondering if I will still have to pay the $800 California annual business fees since the company will be incorporated out of state in Wyoming.Thank you

Currently, I have tenants paying via Venmo/Zelle.