Christina Oka
LLC and tax accountant when starting
Some experience / guidance needed! We hope to buy our first property this year out of state (looking at a couple different states). Should we wait until we get a property to get an LLC because we don’t know where yet...
Amby Bhagtani
LLC in Multiple States or One LLC in one State
I own properties in multiple states, so far the strategy has been to keep all properties in one LLC in CA, however I would like to understand if I should be moving each property in its own LLC for that particular stat...
Mark McManus
Help with structuring couple options to purchase home from family trust in CA
My family trust has a home I would like to purchase in Orange County, CA. I am looking for help to come up with few strategies to entice my family to sell to me vs. them throwing up on MLS. Hoping a seasoned RE inves...
Andrew Nguyen
Logistics of transitioning primary residence to rental + add partner
I own a primary residence in CA that I’ve lived in for >2 years. It has a 30 year fixed mortgage and low interest rate. My sibling/business partner would like to give me X amount for 50% ownership and we transition...
Gabriel Valladares
Second Home Tax Deductions Help!
Hi Everyone!I have a unique situation and looking for advice. Long story short, I am Active-Duty military, got divorced and my ex-spouse was granted 25% of my future retirement. As of this year I worked a deal with he...
Ashwini Venkatesan
Create LLC or not for out of state investment
Hi. We live in CA and want to buy a property out of state. Potential seller (experienced real estate investor) recommended we create an LLC and buy the property. I am not sure I understand all the tax / fees associat...
Jamiru Mutebi
Can register a short-term rental space as an LLC?
Happy Saturday everyone,Having seen several posts from successful investors on this platform, my wife and I got fired up and decided to test the waters of real estate investing starting with our basement (house hack)...
Karen Leonard
Property Tax and Mortgage Interest paid from escrow in 1031 exchange
I am in contract to sell an investment property, and the proceeds will go to the 1031 QI that I've identified. The preliminary Seller's Settlement statement plans to pay the prorated property tax, and mortgage interes...
Jose Sanchez
Depreciation of SFH and me living in ADU portion
I live in Long Beach, California. I just purchased a single-family home that also has an accessory dwelling unit. I am living in the accessory dwelling unit  portion of the home and renting out the single family home...
Michael Shepherd
LLC collecting rent - For an out of state investor
Hello, I'm an out of state investor who lives in CA and invests in MI. My current entity structure is that I have a WY LLC as my Mother company and a MI LLC as my real estate holding holding company in MI. However I h...