(Wikipedia)Over $3 billion in global derivatives trading volume, nearly 2X the trading volume of New York (Mack Companies)Northside College Prep school is in top 25 “America’s Best High Schools” (Newsweek 2011)Home to 10 Professional sports teams that generate season specific business/ jobs: MLB – NFL – NBA – NHL – MLS – WNBA – AFL – MLLIn counties with the most business establishments in the nation (Source: Census 2010), Cook County (Chicago is in Cook County) facts are: #2 in Residential Construction establishments#3 in Gas Stations#4 in Real Estate Industry#2 in Day Care Centers#3 in Full-Service RestaurantsIn states with the most business establishments in the nation (Source: Census 2010), Illinois State facts are: #5 in Electronics Stores#8 in Hotels and Motels#6 in Auto Repair Shops#7 in Beauty, Nail, and Barber Shops

So as long as one is not overleveraged in relation to the income derived from that asset (= leaving enough room for a positive cash flow factoring in vacancy and other nuisances when speaking of real estate) and has some cash reserves, leveraging is not a problem.The problem we saw in  around 2008 with leverage on the private side is that people completely overleveraged.

Originally posted by Dave T:I hope your CPA told you that there is no tax benefit to be derived from having your rental property owned by your LLC.If the LLC is elected to be taxed as an entity that would provide tax benefit in Adam's specific situation, then there IS a tax benefit to holding in the LLC...

When buying real estate in an IRA using leverage (has to be non-recourse loan), the income portion derived from the leveraged portion of the property is subject to UBIT.

I’m obviously not referring to some reverse beta derivative closed end boutique fund.

of all people is going crazy over the fees charged for mutual funds and all of there derivatives https://www.tonyrobbins.com/wealth-lifestyle/how-m...http://www.forbes.com/2011/04/04/real-cost-mutual-...personally:I use one WL for a bank to buy real estate notes and pay off bills and shatter my OC home interest to turn a 30 mort into 5 years paid in fullI use the other WL & IUL for Max cash Value for income for life  so when I am 65 I should have over 1 million in cash value that if I wanted to could pull out all at once on my 65 birthday(or at anytime)  for free!

In short, I understand that you are looking for an answer that is derived from underlying demographic information but I am telling you that looking at it that way is incorrect. 

.:...The vast majority of mistakes generally derive from new landlords not bothering to learn their state landlord tenant regulations before purchasing their property and not rigidly enforcing the regulations and their lease when a issue arises.Too many landlords expect problems to correct themselves and waste far too much crucial time waiting for the miracle that will never come.I just tweeted this!

AND if you think some sort of change could be realistically implemented.HI Scott,I was a computer science major turned finance as I found my calling but still an engineer at heart.The problem is in school they only teach the fundamentals of finance and theory (time value of money, real rate of return, cap rates, arbitrage, velocity of return, options, stocks, derivatives, and etc).

I believe all of this is paid separately from the usual CA personal income tax.I derived some of this information from https://www.ftb.ca.gov/file/wh....Also, for your previous question> Do you have any contacts for Lawers / Attorneys that can help me register foreign real estate LLC in CA ?