One way to determine if your assets are eligible and to take the accelerated deduction is through the use of a cost segregation study.A cost segregation study allows you to reclassify personal property so that instead of depreciating it over 27.5 or 39 years with your building, you are able to depreciate it in 5-15 years.

Determining the highest and best use is their job and should help you out.

What you choose determines if it is part of your personal return (Sole Proprietorship) or if you need to file a separate return anything else.If you choose a sole proprietorship the LLC can be treated as a disregarded entity.

Most real estate loans will take 30-45 days to close as the banks need to order title work and an appraisal to determine that you actually own or will own the property and to determine that the value of the property is there which is being used as their collateral.

Using the conventional loan vs FHA and my clients having confidence to not request a unit vacant upon close were huge determining factors in the sellers accepting their offer.

I think getting actual quotes would help me determine what I can afford to withdraw from the whole life policy if I go that route. 

Depending on the price of the property I come across and deal it turns out to be (using the BP calculator) will determine if I ; A) FHA the property or B) use my capital for costs.

And before you ask what area of real estate I’m interested in, I have not determined that quite yet.

Target CoC 20%+ at whatever gross revenue I determine from my research.

It is best practice that you contact them at least 30 days prior to determine whether they intend to leave or want to renew.