The other factor that's relevant for me is that my husband is a high end W-2 wage earner and we could greatly benefit from the potential tax benefits of actively managing the property. 

But if you have passive income from another rental or real estate syndications, using it now might actually be a good idea.It all comes down to strategy—don’t rush the process just to get tax benefits if it’s going to make financing your next deal harder.

Syndications are great for truly passive income, offering tax benefits and diversification, but require high minimum investments and long-term commitments.

You have tax benefits through depreciation and you are gaining experience via property management.  

Establishing the LLC in IL first does not provide any additional benefits in this scenario.

This can lead to significant tax benefits and improved cash flow.I'm here to share my knowledge and answer any questions you may have about cost segregation, how it works, and whether it's a good fit for your investment properties.

They benefit based on the interest rate.

Delay gratification is powerful and it's important to start your real estate investing journey early in order to reap the long-term benefits of real estate.

What I'm hoping to find: I'm hoping to make connections, for mutual benefit; this could be investor friendly agents who have experience with identifying promising house hacks, investors who are looking for an additional financial partner, investors who are looking for a partner to help manage the load of projects (I am naturally drawn to planning and execution), and more broadly anyone who is willing to share experience and create new connections!

Hey guys if a city worker who can buy properties for half off on the land bank as part of there benefits would it be worth it.