You actually want to INCREASE it.

This actually seems like a great scenario for a 1031 exchange based on what you've said.

Following Up + More details: @carolineOur utilities were also opened using an LLC but since the power had actually been shut off the problem mostly came from ICE sending someone out to turn it back on plus installing a new style meter (which had to be approved by our HOA but that was another matter entirely and not particularly difficult).Opening a bank account with BCR as an individual is easy and you can get an atm card in about 3 days but you will be limited to holding only a thousand dollars in it.

Honestly your approach may be a bit rough around the edges, but actually getting out there and trying to find deals through grit and hard work is the best way to start.

My ideal location would currently actually be Augusta, GA because I really want to start somewhere with a very low crime rate. 

It seems a stretch to pay for the Rig with Section 179.I would have development equipment onboard and dedicate a portion of the space to developmentI could put the companies logo on the side as advertisementGiven this, what tax strategies are actually practical?

Kate I see Avalara but from looking at their site it is not clear if they are actually making the payments or are they just helping you figure out the amounts to remit?

It’s actually in Frankfort, IN and bank was Centier only because I had my primary mortgage through them.  

I wasn’t trying to be long winded, with too much detail, in my initial post but I actually did this method on a fix and flip.

Can your property actually afford a 90% LTV loan at 8+%?