Investing rules and taxation are very different as a result. 

These are submitted to the FTB with appropriate forms on a quarterly basis. 

I've found this info but quarterly; looking for it per month!

Start a spreadsheet, get some quotes and put some numbers to each and see how much it costs you for the one time lending fee, then on a monthly, quarterly, and annual basis.Cheers!

The IRA pays the tax at trust tax rates, which can ramp up as high as 37%, but most investors don't get to that level.  

@Peter Nikic no experience on this, but at the current time, nationally, roughly a quarter of houses are having price drops, the pool of buyers is shrinking (due to the interest rates you mentioned) and the time on market is increasing.No, it’s not a crash, and we’re going from a crazy overvalued market to an overvalued market…With those caveats, you mentioned it’s neglected.

The case does not in any way: (i) prohibit the practice of buying real estate as an entity purchase, (ii) address the failure of the seller in the Palmer House case to pay a conveyance tax at the time of recording the deed, or (iii) mandate reporting of drop and swap or entity purchase transactions for conveyance tax and/or real property valuation purposes."

Here're two blog posts that are better as a starting point:https://www.biggerpockets.com/...https://www.biggerpockets.com/...BP published two books on real estate taxation, and there're dozens more on Amazon.

I underwrote at 3.25% because conventional wisdom was that the fed was going to raise rates starting in the spring but maybe around 25 bps per quarter (LOL).

Possibly a bit nuanced of an answer, but would a quarter rate increase cause you to lose sleep OR greatly diminish your ROI?