An LLC doesn't provide you the ability to deduct something that wasn't deductible before.You also want to be wary of 2% itemized deduction which is what you are describing a lot of your expenses.They are currently non-deductible at the federal level.

Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

My recommendation is for your client to figure out where they want to be, then talk with the local government about what options are available.Good luck!

Along with connecting with governing body to confirm zoning and preliminary site plan. 

It's all government money backing the loans anyway. 

He thinks that if we sold a property even if we had to pay top capital gains state and federal that it would be worth it as it would double our income due to improved cash flow rather than the majority of our loan payment going towards interest. 

We also charge an underwriting fee which includes reviewing the entire file, cost for appraisals and credit checks etcYou also can thank your state or federal government for creating additional layers such as licensing for business loans which to me is stupid.

You'll have a contract with the government with a generic lease. 

You'll have to pay taxes plus a 10% federal penalty and sometimes a state penalty, depending on the state.

The governments will prop it up for maybe as much as a decade but unless there is significant technological change it will be DOA.