I noticed some 1031 intermediaries have stated there is no legal requirement for "time limit" after the exchange is complete to quit claim to an LLC, but some recommend holding it in the same title for "some time."

Greetings,Here is an update on the current National Commercial Retail Real Estate Market in The United States of America as of March 10, 2024:In 2023, retail transaction volume dropped to $53 billion, marking a roughly 25% decrease from the average over the past decade.

Greetings,Here is an update on the current National Commercial Industrial Real Estate Market in The United States of America as of March 10, 2024:Initial estimates of industrial investment activity suggest that a little less than $60 billion exchanged hands in 2023, approximately 15% below the market's 10-year average.

But it's stuff like this that makes it really tough to manage properties in the state."

Land lord tenant laws in most of California and Wa state are pretty similar to BC.If you plan on land lording on the west coast in Canada or the US you have to be prepared to travel if you want cash flow, as Theresa pointed out, and even then it will not be easy.

I live in California and the state tax is high.

Is it a state that takes all your profits for taxes? 

Ensure that the commercial rental insurance policy includes coverage for the company's stay in the property.Include Legal Language: The lease amendment should clearly state the terms and conditions of the arrangement, including responsibilities for maintenance, utilities, and any other pertinent details.Seek Legal Advice: Consider consulting with a local attorney specializing in real estate to ensure compliance with Arkansas rental laws and to draft the lease amendment accurately.Document Everything: Keep thorough records of all communications, amendments, and agreements between you, the company, and Avail for future reference.Good luck!!

Also, we cannot relocate to another state at this time due to co-parenting, so we do need to continue living here in Las Vegas for another 6 years. 

Talk about potential clogs and garbage disposal misuse, stating when tenants are responsible.