I don’t have knowledge of the specific area, but here is Southern Louisiana, almost all unincorporated areas below I-10 have to install sewerage treatment plants based on the maximum estimated per-person, per-day water usage.

The biggest tax benefit is that the income from profitable rentals gets preferential tax treatment and usually has a lower net tax rate than ordinary income.

IRA investing is entirely different from personal investing in real estate because of the different tax treatment.  

Window treatment?

@Steve Gordon, that is correct but make sure you use your acct. to accomplish because there are slip ups that can trigger and differences in how they've been taxing your LLC that may also require special treatment.  

That property would immediately get the wholesale treatment.

He ordered three spray treatments, around the time of the third treatment he quit and another property manager came into the situation who again did not care and thus I was left to tackle the problem on my own.

A big pitfall in cross-border investing is tax treatment of income and backup withholding rules from the IRS.

., involve properties that were held for sale and were not held for investment and therefore will  not qualify for tax-deferred exchange treatment under Section 1031.

Two years of subsequent investment use is not required to qualify for 1031, but it is the time needed for safe harbor treatment if the IRS were to challenge your motives.