Use this to your advantage by identifying potential investment properties, such as undervalued homes or areas with strong rental demand.Start with a Clear Strategy: Whether you're interested in flipping properties, buy-and-hold, or rental properties, having a clear strategy will help guide your decisions and keep you focused.

There’s no tax or inheritance advantage. 

It's a good long-term store of value, and produces tax advantaged income.

My legacy plan has been to leave all rental property to heir after death so they can take advantage of step up in cost basis.

I can't say for sure if the BP calculator offers such a calculation as your tax situation impacts how the depreciation will effect your return.By bonus depreciation I'm assuming you're referring to doing a cost segregation, if this is the case you'll definitely want to review your tax return to determine if you can even take advantage of a cost segregation.

This ends up working out as an advantage to careful buyers, however, it also ends up wasting quite a bit of everyone’s time.One thing I never quite understood was that everyone seemed adamant that the commercial sale should go through a lawyer versus an escrow company.

It seems like they are trying to take advantage of you.

People that are just out to fill their own pockets don't fit in - we don't have to take advantage of people to make money in real estate.

If so, what are the advantages of buying real estate to stocks with IRAs?

Thank you @Isaac Blocher & @Shari Peterson Is it possible someone in this thread (and elsewhere) has been taken advantage of?