For example, more LLCs are formed in Delaware than any other state, and for good reason: business friendly, does not tax out of state income, low filing fees and separate court called Chancery Court.Take some time to research the costs/benefits of different states and make the best decision that works best for you.

@Margaret FeitThe hot tub may potentially not be eligible for immediate write off if it is affixed to the house.Furthermore, you may want to see if the de minimis election will work in your favor.Best of luck

@Oliver De Ausen Good work!

Who here has invested in a DST?  
What are 1-2 things you liked?What are 1-2 things you disliked?

Investment Info:Large multi-family (5+ units) buy & hold investment in Delaware.

Should I expense those materials using bonus depreciation, or the De Minimis Safe Harbor or they can only be capitalized?

I will be investing in the Wicomico County market and the Sussex County Delaware Market.  

Things like: having roof, heat, driveway, paint, outlets to hang Christmas lights... things that are taste specific can actually de-value.

The one area that does target 1031 Exchange clients is the Delaware Statutory Trust or DST. 

Full cosmetic rehab and hardcore "de-smoking."