Hi,I recently transferred the title of a California property from a C-Corp of which I own 100% of the shares to my and my wife's individual names.I was advised that the transfer would not trigger a property tax reassessment based on the fact husband and wife are considered an economic unit and the transfer would not be considered a "change in ownership" since 100% of the property ownership would be transferred from me through the C-Corp to me and my wife.Next thing I know I received a notice of supplemental assessment dating from the title transfer date.Was I incorrectly advised or should I contact the Assessor's Office to plead my case?

The individual LLC’s holding the properties with the investors holds no cash.

A seller, whether a builder or individual, can sue you for one of two things....either specific performance to fulfill your contract terms, or for damages for the delta between your contract price and the eventual sales price plus other associated damages. 

I’m interested in meeting realtors, wholesalers, other investors or really any other like minded individuals.

It sounds like you are trying to quantify each initiative individually?

Others say Individual Llc’s for each rental.

I do not know anyone in Tennessee, and I am planning on building connections there and getting to know like minded individuals.

Unmarried individuals can exclude up to $250,000 in profit from the sale of their main home or $500,000 if you're married.

It all depends on the individual.

I have a SFR and I am planning to rent the rooms out individually.