In Texas, there’s no state income tax on rental income, but LLCs have formation and annual fees.This post does not create a CPA-Client relationship.

Uniqueness is key.

The concern with the DSCR loan is that I need to make the property present as though it's rented to individuals during appraisal (tough since it's a working rehab facility now) and must create another lease that shows the tenant as personal and not a company.

Challenges and Opportunities Unique to IndianapolisSeasonality: Tenant interest tends to slow in winter, so try to avoid vacancies during those months.Diverse Neighborhoods: Indianapolis has varied sub-markets.

Then try to figure out if its best to have their funds go to a CRT or if we as a nonprofit can create a 403(b) plan for the investors.

If created correctly, it could be sold (in full or part) to a note investor that would payoff the underlying 1st from proceeds when they bought the wrap note. 

Rent goats to clear woods and create romantic lit walking pathRefinish floorsAdd modern master bathroomNew deck and firepit hangout area with hot tub and outside barand....STYLE!

That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.

I have gotten accelerated depreciation that has exceeded my initial investment.Now add that you could perform a value add to create some sweat equity. 

I want to create something that adds value to the industry, so I'm looking to build a solid foundation in this field.