Plus numerous tax advantages.

Now that I have the time, I'd like to organize my portfolio to maximize legal protection, minimize taxes, position for growth, and not leave a headache for my family.

If I did this would I have to pay capital gains tax on this property?

The preferred return is paid out of the cash flow after debt service, taxes, and all other expenses.The LP/GP split of cash flow should come before the full amount going to the GP.  

For this calculation, we account for a 3% vacancy/month, 5% cap ex/month, 7.63% interest rate, taxes, insurance, and a few other things.

@Reggie SmithNever have them hold on a trust and I don’t care about hospital or other liens as they are secondary to our lienOnly lien you should worry about is a tax lien on the propertyEven irs liens are not something to worry about - you just cannot do a dil which rarely occurs anyways

somehow the various transactions have to be entered into a ledger AND categorized.One usually then turns to an accountant to "appropriately crunch the numbers," usually for tax returns. 

The ULA transfer tax implemented in the city of L.A. raised transaction costs at the start of April, leading many investors to streamline sales that might have otherwise closed in 23Q2.

This is a first hearing that I have to set up a second LLC for my first investment LLCCarlos@Carlos Quiros you need to register the LLC as a foreign entity in California, since you are operating the LLC from California, and file and SMLLC tax return.

I want to connect with other investors, investor friendly real estate agents, real estate attorney, tax attorney, contractors, as well as anyone else that would be involved in the process.