Is it better to get an LLC when I become a land lord to get some tax benefits?

If you paid under $230k, you’d save $30k in federal capital gains taxes and maybe another $15k or more in state income taxes.

It is how it is recognized, taxed and falls heavy on the VOE. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

There's a big swing here in insurance and tax calculations I see and getting those numbers accurate are critical for your ability to not miss on good deals

Taxes, maintenance, vacancies, management are all different on each property.

A HELOC on your duplex or home offers flexible, low-interest financing ideal for BRRRR, with potential tax-deductible interest if used for property expenses.

Hard money loans offer fast approval and don't risk personal assets but come with high-interest rates and fees, which can be tax-deductible as carrying costs.

These special taxes, as they are called, are collected the same way as general taxes (December & May) but are listed out separately.

Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance.