To make this a little more clear guys, let's define that "personal account" so that we can see if it's personal money being used or if it is company funds that have not yet been disbursed to your personally.Money held in a business is a capital account, could be ABC, LLC Capital.

Like, why argue with a guy over mowing the lawn that won't need to be mowed for probably the next 6 to 9 months?

IF it is over the purchase price you buy you can argue the tax amount in Q1 of the year.Some investors pass up great deals because they don't want to do this step but i've bought great deals because everyone passed up on them due to a high tax that could easily be argued to a lower price in 6months.

I will be so happy if the investment in OC can produce 10% gross ROI. that's why I started to look the area closed by  rather than only focusing on OC area.I am looking at cash flow as well , I usually invest in cash, so the positive cash flow and high NOI is my goal.I believe in Inland empire's potential as well, check the article below:http://www.ocregister.com/2017/10/25/southern-cali...However some friends argued base on historical data, Inland Empire was never able to outperform than OC area.

Many people will argue to have 1 LLC for each property.Ultimately - it depends on how much each property is worth and your comfort level.From a tax perspective - as long as you are the only member of the LLC - it will be considered pass-through and reported on your individual tax return.It doesn't look like it costs much to create and LLC in West Virginia(per Nolo.com)$100 initial fee to set up the LLC$25 annual fee to keep LLC in good standing$30 fee to West Virginia for Business license with the stateMost CPA's offer a free consultation.

Don't worry, I definitely don't argue with my numbers as I can currently calculate them when making offers LOL.

More petty arguing back and forth in my opinion.

We have a ton of radon here in PA so I submit in my reply if radon comes back high “Seller at sellers expense to install radon remediation system by ABC Radon Specialists and furnish receipts of completed work and satisfactory retesting of the radon level...” this way I know it’s my guy doing it and will be done right.

I would highly suggest to listen to ALL the BP podcasts and read Millionaire Real Estate Investor, ABC’s of Real Estate Investing, and Rich Dad Poor Dad if you haven’t so already.

I would argue that I’m not speculating at all.