It may be similar to other commercial lending options, but it really depends on the type of property and the procedure of the specific lender you're working with.

If you're subject to the Alternative Minimum Tax (AMT), these deductions may be limited.

@John Lasherjust curious what specifically you're looking to do - GP or LP? 

Whichever strategy you choose, ensure you're adhering to IRS rules about prohibited transactions and working with experienced professionals to structure deals properly.Regarding non-recourse hard money lenders in San Antonio, I don’t have specific recommendations.

Narrowing down the options will probably come down to comps and city/neighborhood specifics; things like permits.Any good suggestions for finding out how long permits are taking in certain areas?

All the various consumer laws exist specifically to stop bad actors from doing stuff like this. 

Most of the other posts provided general information that is good to know but did not answer the specific question. 

What I decided to do was work in what I was interested in and it led me to be an experienced real estate agent specializing in wholesaling off market properties in PA region specifically Philadelphia and surrounding areas such as Montgo, Delco etc.

There are often local Facebook groups for specific strategies 

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.