Tina Lee
WY statutory trust for exemption of CA franchise tax
I'm a WA resident and own one property in CA. Anderson Advisors has formed a WY Statutory Trust for me for my property in CA. I don't know what to do next. My property manager is still taking out Franchise tax mont...
Aashrit Luthra
Negative Cash Flow Impact on W2 Income Taxes
Hi all. I'm looking to buy a new construction home in CA for $750,000 as an investment property (around 8% interest rate) with 20% down. The rent I can expect is $3200. This would surely put me in negative cash flow o...
William C.
Cost Segregation Without Bonus Depreciation on SFH, LTR's
Hoping to gather some opinions. For SFH's that are LTR's (home values approx. $280k with land value backed out) what are the advantages and disadvantages to conducting a cost segregation study when bonus depreciation ...
Owen Schwaegerle
Prop 19 and Property Taxes in California for Inherited Property
In November, Proposition 19 passed in California. This Proposition changes the way Prop 13 works, the monumental proposition from 1978 which fixed property taxes in California to 1% of the purchase price plus inflatio...
Jay Jonez
Deal or no deal? Will seller finance work for this deal?
Hi, I’m a wholesaler and just wondering if there’s a way creative way to structure this deal.Details:So I have a seller who has been in preforeclosure twice in the last two years. He owes $163K -PITI (FHA) the neighbo...
MJ Tukina
Buying out sibling when the property is inside a Living Trust
I was named Trustee of this Living Trust in 2013, I helped my late Mother establish her own Living Trust in 2007. She passed away in 2013. Now my one sibling needs money for his kids Colleges tuitions. I paid for a Co...
Nick Crosby
Short Term Rental Startup
Just getting started in Real Estate Investing and unsure how to properly structure without going overboard/ over thinking it all. Where I am at now based off of currently living in CA is using a HELOC on my current h...
Mike Boss
Advice on who to use to start an LLC
Here are some questions. I’m thinking of starting an LLC for when I purchase properties for flips. I was wondering how much it typically costs? And is there an annual fee to maintain the LLC, how much is it? I’m hopin...
Nikhil Mascarenhas
CA out of state investors, what asset protection strategy do you use?
I have about 4 properties out of state and I live in California. I'm interested in learning what others in a similar situation use for asset protection from potential lawsuits. Here are some strategies I've come acros...
Clifford Pereira
Real Estate Professional (REP) Status guidance
Hi, my wife and I started an Airbnb in Sacramento, CA, this year and are new to real estate investing. According to our understanding:1) California does not recognize REP status, but we could claim it on our federal t...