I have a big backyard (accessible through a cul-de-sac) and planning to use SB9 for lot-split, but if that doesn't pan out, I might build an ADU in my backyard, so definitely don't want to apply for an ADU for my garage space conversion. 

Here is a link from the IRS website -https://www.irs.gov/credits-de...So if you are looking to sell either option might be appropriate and be helpful but you should weigh the pros and cons and work with your CPA in advance.  

My software company is an LLC based in Delaware.

My son bought a 3 family in Fall FRiver he had HUD de-lead each unit for free.Paul 

@Paul De Luca thanks for the mention@Kenneth Garrett and @John Warren are noth correct in their comments.

In the back of your head, if I were you, I'd be thinking about finishing this up in such a way that it's most cost effective to "de-ADU it" if/when needed (it can be an office or a storage shed or communal rec room, no issues there).

Ty,I have heard of several states - namely Nevada, Delaware, and Wyoming - as being advantageous for LLC incorporation, but never before had I heard of New Mexico being considered that way.

Originally posted by "RAY-REI":Mike,Do you mind sharing how you set up a Delaware LLC and what are some costs that we should look out for?

I'm trying to get a handle on the differences between Delaware Investment Trusts like Kay Properties and LP's like Praxis or Joe Farless etc.I got on mailing list and there spending a lot of effort to get my attention.

Hi Everyone,I had a quick question about mortgage lenders in the Philadelphia/Delaware county areas.