Or let me know if other ways to incorporate into Real estate efforts.  

residential real estate is depreciated over 27.5 years, but since you took the bonus depreciation, you pulled a lot of it into the first year.2.

It was a great first project, I had some old friends reach out that were losing their house and I helped them get out from under the PML, bought the house and helped them repair their credit, got a contractor I knew that lived around the corner help me do a full gut rehab and put in about 1,500 hrs of my own labor into it.

Reason I am moving to LLC is to take advantage of getting Business Line Of Credit later

We're continuously seeking opportunities to meet and collaborate with like-minded professionals equally dedicated to the real estate space

Both options are Credit Unions - no points, no origination fee1.

I have 3 highly successful STVR homes (Austin TX, Tybee Island GA, Lake Lure NC) and have built my own homes a few times including most recently GC'd my residence in Rome GA.  Looking to get into Fix and Flipping afte...

Ultimate goal is obviously to build cashflow as seamlessly as possible and pay down debts of houses as we go so husband can leave his consulting job and we can do real estate full time.

My work around was to find a 75 year old dude with no credit and no assets, who wanted a new truck.

I am new to the whole real estate business.