Hi All, any input on renovating a house and possible tax exemptions under an LLC?

.🔹 Property Tax Relief – If your property is severely damaged, you may qualify for reassessment and potential tax refunds.

Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

How much money is owed to investors? 

5 Tax Mitigation Strategies Every Real Estate Investor Should KnowAs a real estate investor, every dollar you save in taxes is another dollar you can reinvest into growing your portfolio.

NJ has the highest taxes per capita in the country so high taxes are expected especially in Northern NJ.

I'm wondering if some one can help with an explanation about why a Hotel has many rooms with tax lien on auction? 

There's 100s of us though he owes millions to but I doubt there's much of anything left.

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.

That's my biggest concern.But I should also look at the tax and long term benefits.