A cost segregation study looks at the overall building that you purchased and breaks it down as much as possible.The purpose of this is to increase the depreciation expense.Without a cost segregation study, you are depreciating the property over two items(Building and Land).However, a cost segregation study might identify items such as fencing which might be eligible to be depreciated over 15 years instead of 27.5 years.Depending on the year that the building was placed into service, you might be able to take bonus depreciation on certain items.The follow-up question to ask your CPA is will the cost segregation study help me, and by how much?

Tax incentives are just one of many benefits to invest in real estate, but far from the whole purpose.

For the purposes of property tax, they change formulas starting 4+ units to commercial models. 

LOC on business purpose doesn't really make sense from a lenders perspective.Think about it, you have to tie up funds and not earn a return until the borrower wants to use them.Time is money and if your lending money you want a return each day your money is out.I'd strongly recommend just going with a cash out refinance and avoid spinning wheels looking for a LOC. 

@Gary R UrenIf the property is zoned for only one home you most likely will not be able to do thisPossibly it could be 123 main st unit a vs b but that is a post office issue and good luck dealing with the post office on this issueI would talk to them and put to mailboxes in the front and see if they can separate it by A and B unit

Asking the MF Group     What's your purpose here, is it to grow your:- Network- Knowledge - IncomeI understand ultimately that these seemingly unrelated dots ARE connected, but why are you here, this is a great opportunity to share your story.

We've since moved our maintenance calls through Appfolio and we try our best to communicate with them through the software as much as possible, mostly for documentation purposes.

I mainly handle the entirety of our leasing/marketing departments so since I'm able to cut the time I spend on showings in half, I'm finding a lot more time to reach out to new leads and form genuine connections with prospectives which really pays off when it's time to sign a lease! 

Do I write the LLC a W-9 and write a check from the LLC into a personal account for tracking purposes? 

That main thing would be to look at their area of focus.