I wanted to go head and introduce myself. 

You ultimately pay the state tax rate of the higher of the two states.In your instance, you will ultimately pay CA state tax rates since California state tax rates are higher than Colorado.

You just need to run the scenario through your head and figure out what would the actions/reactions be. 

Thanks for the heads up!

I like where this is heading!

BREAK:  David G's last solo podcast hit the nail on the head for me. 

Hey All, Reach out to Shelly Head, pm me for contact.

I echo Greg - it depends on the entity & tax elections, but what I've started doing is just using the holding company's bank acct to run expenses through and titling the property under that llc from the start (when I know it's going to be a long term hold).In the other instance, I don't move transactions over to the holding company's books.

Just a heads up as of DATE ABC Management is taking over as my property management company. 

If need be, look to create some strategic partnerships. 50% of a deal is better than 0% of a deal or even 100% of a deal that you're in over your head on.