@Leah R Grier So I went and looked at the Beaumont Zoning regulations and to the best of what I read if it’s in a Historical District it says you have to pay a $20 application fee and go before the historic commission and have a public hearing with your proposal of any changes to the structure and plans and color changes, use changes, etc. the same applies to the main building, any changes must be approved by the commission.

LLC structures do not provide any further tax advantages and, based on my CPA's opinion, are not as rock solid as some make it appear.

I own 9 rental houses which cover all of my living expenses. Along the way of acquiring those, I sometimes came across a deal that wasn't for me, so would wholesale it out to a friend or another investor. I'm consider...

@Colleen F.It’s a condo with an hoa, so my long term capital expenses I believe are fairly minimal since the hoa covers almost everything structurally and behind the walls.

I am looking for some simple advice on structuring a quick spec. home build deal. 

Hi All,My girlfriend and I just closed on a property in AZ and I’d like to set up and LLC or LP which outlines our equity ownership and responsibility etc.. I’m not sure the exact path we should take and would love to...

If all the properties were in a personal name, this is an easy thing to do, but when the properties are in nested LLC structures then its not so easy. 

Then you'll have a pretty good idea of what you NEED to pull permits for when rehabbing the next one ;) Also, a structural engineer will need to advise the city wether or not a wall is load bearing or not (at least that's been my experience with Orange County CA municipalities)Good Luck!

That is tax value of the structure for depreciation purposes.

It's worked pretty well for the last three properties I've done and I intend to continue the structure going forward.