If I have a LLC and use a property management company for my rentals am I subject to the 1% earnings tax?

The reason I ask is that in most cases you will want multiple LLCs, one for management, one or more to old the properties and then one as a holding company for the others that can hold your cash.

In the days to come, we begin to do my own due diligence (call engineering company) and find out that the engineer has gotten no official word to start the design.Feb 14 2014 -In the back and forth regarding the Title 5 inspection, we notice that (after being under contract) the listing agent has manipulated the content of the listing description from "the existing Tight Tank system is working, but won't pass the inspection..." to "the existing Tight Tank system has just recently been pumped"Any help would be much appreciated.

The Midwest in general, can be typically like this.At our property management company in Cincinnati we have a significant amount of out of state investors (many in Cali) and they love our market because like you said, there are opportunities for lower priced homes compared to where you live.The biggest thing in my opinion is to find the right Realtor to help you navigate the different neihborhoods in Cinci as I believe it'll be very difficult for any out of state investor to TRULY know what they are getting into without a very good Realtor.Reach out directly to me if you want to chat more! 

Depending upon whether they are a bank or a trust company, custodians are heavily regulated by the IRS, DOL, possibly the FDIC, State Banking Commissioner, and the Comptroller of the Currency.

The HOA paid for the repiping and provided the bill so we can send to the after company for the increase in charge.

We had a small bathroom that was going to be way too dark if we closed off the window, instead we built a custom frame out of pvc boards and had a friends glass company build me a thermopane glass panel that was frosted and tempered. 

On my property I call an appliance repair company or plumber once a year and it costs $150-$400. $50/month is more than enough for me right now on my properties.

Assembly Bill 2216, introduced Tuesday by Assemblymember Matt Haney, D-San Francisco, would prohibit landlords from having blanket policies against renting to pet owners.

Of course if you choose to go down this road be sure to choose a company that will be there to bounce investment ideas off of to insure they're compliant.