What a cost segregation study does is it analyzes a property and breaks out the depreciable basis of the property to more than just building and land.It will try to identify assets that are eligible for 5, 7 or 15 year asset lifes which would be eligible for bonus depreciation.Whether a cost segregation study will help you depends on your tax situation.High level, it will help you in two situations1) Your rental property is active and you can offset the losses against other forms of income.2) You have a lot of passive income and you want to increase your passive losses to offset your passive income.Best of luck

I said that the same protection can be had for less money than having mortgages by putting the paid off properties into trust.most states have upheld the “Illinois land trust” — has nothing to do with Illinois per se. it’s a description of how little a trust can do without being declared passive and therefore executed.  

Having a call with the team to gain clarity and directly answer your questions is the best thing you can do! 

The beauty of that arrangement is that I make MUCH better passive investment returns than I would if I invested in a typical syndication. 

To facilitate a 1031 exchange where you are deferring 100% of the gain, you would need to purchase a replacement property that is equal or greater in value to the total sale price, less closing expenses.

According to the IRS, “Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free.”

If you sell your 1,000 shares you stand to have a gain of a little over $15,000!

The way it's marketed, you're supposed to make money in four ways: cash flow, capital gains, amortization and tax benefits.

So it sounds like I need experience to gain experience lol.

Gain some experience renovating an existing unit, develop some capital, increase your knowledge of the market in Louisville, and give yourself the time necessary to locate a good location to build.