It is your first year when you get the major tax savings windfall due to cost segregation and bonus depreciation.

Quote from @Charles Fay: Hello all, first time posting and wanted to ask for your advice.currently in the military awaiting a 9-12 deployment within the next 6 months.I will have ~150k savings after deployment, 85k before, with no debt, payments or anything other than basic bills, 750+ credit.

You may be able to deduct mortgage interest and property taxes before the property is in service. 

If you live in CA, and your LLC is in OR, you still need to register it in CA and pay the 800 dollar per year LLC tax.

You can also tell her to call the utility company about the best way to save, as turning off heat and on is not efficient having to run longer blasting out cold air as opposed to leaving it set at a lower temp. :)

.: Thanks @Tanner Pile, I wasn't aware of the BP Tax book.

Doing it in December will not save you any taxes anyway.

You get a deduction for the contribution, the gains grow tax-free and as long as you use the proceeds for health-related expenses the funds come out tax free as well. 

The tax paid from your lending proceeds should be the equivalent of your tax rate I would think.

Hence the lot on which the house resided was taxed at a 45% discount based on actual value, while the tennis lot was taxed at about 4 times what it should have been by value.