We plan to build a cabin or cabins for our family use and an STR.

When i press on the cracked areas, it does not appear soft or wet.I plan to fix it, but I worry it may reappear in months.

We plan to share ownership of the property as I am going to invest my money into developing (building a Detached ADU in the back) and re-modeling the property so that we can collectively sell it for a profit.

The email was short and challenged us by implying we were looking for investing planning and not tax planning.

Outside of aesthetics, make sure you have cleaners, maintenance and turnaround worked out so you go in with a solid plan.

Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.

I dont know the delivery time on a ADU but I'd assume same with site plans and zoning. but how do you get your money out of that?

The insurance is high.  

They were thinking of planning another one that required massive loans (7 figures).