Quote from @Bill Brandt: If you plan to be making less money in the future (when future depreciation would help m than today.) and your taxable income is well over $100k (otherwise you’re turning a 12-15% tax bracket in to a 25% tax bracket.) and your qualified as a real estate professional so you can deduct the expenses against your regular income (you spend more time in real estate than at any w-2 job with a minimum of 750 hours) and you can get it done for a $1,000 give or take and you plan to hold it for at least 10 years (or do a 1031 exchange) it’s probably not a horrible idea.

@Bill Brandt Thank you !

Will see about this month@Bill Brandt   Thanks, I will mention that about account types to the people who had the lower limits.