Alberto De jesus , thinking of buying a single family or duplex in Boston Edison, or somewhere comparable to start.

De minimis safe harbor rules say you can expense out items up to $2500.

The premiere in asset protection and anonymity for the California investor is the Delaware Statutory Trust.

Has anyone opened up a corporation in another state than they do business such as Delaware or Nevada where they have a lot less taxes?

WE rehabbed a property in Wilmington, DE and put on market after 2 months.

I own 2 duplexes in a cul-de-sac of a total of 8 duplexes. 

The LLCs are a small portion of the absentee list so I just leave them in my mailings.If they own multiple properties (I do not de-dup my abssntee list when I purchase it) we manually clean the list to send no more than 2 postcards per owner (for 2 of their properties).  

Hello Bigger pocketsI am reading the above mentioned book and I am having a hard time understanding a scenario the author describes. The following is verbatim:" Imagine a property costs $100,000 and that the rental in...

Update to the house,I have not dropped and or de-listed the property as of yet.  

But to call it tax evasion is false and reckless and exposes a lack of understanding of the specific statutes and subsequent decades of case law in sec 1031, Rev procedure 2000-37 (the safe harbor reverse exchange), rev procedure 2002-22 (Tenants in Common syndications), Rev procedure 2004-33 and 86 (Delaware statutory trust), and all of the various regulatory guidances we have for using 1031 exchanges in conjunction with personal property, vacation property, primary residences, retirement, and estate planning etc.The 1031 has for many decades been the  method of deferring tax on the sale of investment real estate.