"Commercial" is meaningless for taxes.

Do they include property tax and estimated income tax from the projected profit?

I get great tax benefits.

As to the issue of captive insurance subs, I worked in the accounting department of a small insurance carrier, set up primarily as a tax shelter.

I furthered my education by reading "Writing Winning Business Plans" by Garrett Sutton, "Tax-Free Wealth" by Tom Wheelwright, and, naturally, "The Book on Rental Property Investing" by Brandon Turner.

Sellers aren't always aware of liens or back taxes owed.

@Ilyas KarzaiInvesting in CA can be very lucrative but as other posters have mentioned there are trade-offs, taxes, costs, and tenant laws.

@Mohamed Elkashlan PM us, we can recommend attorney for LLC setup, even a tax attorney.

Here's why:- unless you strategically reported your taxes as making 100% income and not reporting an entire loss on your schedule e - you will most likely not find a lender who will qualify you for a HELOC.

Just curious if anyone uses the property's tax assessment in any way when coming up with an MOA when wholesaling vacant land.