Remember Each City website has a place where you can look up the tax record make sure you take a look at that before you make any decisions, It can give you insights in to the Flood zones, HPC zone, ETC.  

We took the depreciation on our personal tax return in 2022.

Far too many taxpayers draw up their tax return in their head without a real plan.

Then ask why the property tax rates for hotels on Maui hasn't increased in over two years, yet they continue to raise it for STR's as well as non-owner occupied residential properties.

From my experience, the most reputable/reliable GCs will charge for a scope of work and overall consultation/advice.

Alternatively, you can use the fair market value of the home at the time of conversion"Keep in mind, you will probably want to talk to a tax professional to go over all the consequences. 

Once I got an inspector in there, a lot of issues came up.Not to mention, seems like every single of their properties is priced at exactly the 1% rule - meaning negative cash flow if you factor in vacancy, taxes, and repairs. 

Should my parent company hold all of my real estate LLC's even if they are taxed differently (such as between the buy/hold and flip business) or are parent LLCs designed to only protect the several Buy/Hold LLC's because they are of similar taxation? 

Foreigner investors can either pay a flat tax of 30% of their gross rental income or elect to file an annual US tax return and reduce their taxes by claiming deductions relating to ownership and managing the property.

Most cost segregation firms will provide a free cost/benefit analysis quote to help you determine if the tax benefits from the study will outweigh the costs.