While this structure offers great asset protection benefits, it doesn’t necessarily save money on filing fees or administrative costs.

You get the benefits of real estate without the headaches of mortgages, rehabs, or tenants.𝗧𝗵𝗲 𝗖𝗼𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝘃𝗲 𝗔𝘀𝘀𝗶𝗴𝗻𝗺𝗲𝗻𝘁 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 is a unique way to raise cash by helping sellers secure a tenant-buyer who wants to own the home in the near future.

But if you have passive income from another rental or real estate syndications, using it now might actually be a good idea.It all comes down to strategy—don’t rush the process just to get tax benefits if it’s going to make financing your next deal harder.

After two years of occupancy, qualifying for the tax exemption, and benefiting from appreciation, we chose to sell and reinvest the funds.

Syndications are great for truly passive income, offering tax benefits and diversification, but require high minimum investments and long-term commitments.

This can lead to significant tax benefits and improved cash flow.I'm here to share my knowledge and answer any questions you may have about cost segregation, how it works, and whether it's a good fit for your investment properties.

You will get many benefits if you start honing on what/where you're trying to do with your next investment. 

I am wondering if I can claim it as a repair(counting against rental income) or if it must be claimed as an asset (with depreciation benefits)?  

Also, if you focus on the fundamentals of the real estate, particularly with SFH's the cash flow is truly secondary to other benefits.

Establishing the LLC in IL first does not provide any additional benefits in this scenario.