As mentioned the main downside to using a SDIRA to purchase properties is you get no tax benefit upside (depreciation) and have to pay taxes on UDFI.

The tricky part of illinois can be the property taxes. 

Good excuse for a vacation with a tax deduction.  

Higher property taxes compound the expense for buyers, making affordability harder to achieve.

Active = Income earned from Material Participation.Whether that's SMB, W-2, contract income, or prof real estate.This is income where ordinary tax is paid and losses offset other income.

You will also have a credit on statement for pro-rated taxes due to buyer.  

finding land that relatives bought years ago.. inherited owners just dont know what it is or have even seen it.. dont want to pay tax.. and will sell for quick cash at signficant discount to market.. buy and then market and resell..

.- Multiple other thriving business district areas (Carlyle / Eisenhower, Potomac Yards, National Landing), but especially Old Town Alexandria, are experiencing massive infrastructure and business development over the next decade, which will greatly boost tax revenue for the city over time.- Generally landlord-friendly state, no rent control- Secure government jobs/contracts make the real estate market much more resilient to recessions / major corrections- 15-minute drive to the Capitol of the United States- 4 Seasons- 15-minute drive to Arlington, Virginia (Amazon Headquarters 2 ((2017 announced, 2030 is bringing 25,000 new high-paying    jobs to the area)), Boeing Headquarters (2022), Microsoft Headquarters (2021), CoStar Headquarters (2024), Bloomberg    Headquarters (2017 expanded), Deloitte, and the list goes on)Thesis:Although more companies continue to go back to the office, there will be a shift toward a good amount of workers being able to be in hybrid roles.

@Wiey Underwood Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

Generally, the properties that benefit the most from a cost segregation study are properties that are remodeled, expanded, purchased or constructed after 1987, the year in which the Investment Tax Credit was enacted.