Can I use that on my taxes?

I would love to hear from those out there who self filed their taxes for their new REI LLCs in the first year without any investment properties/deals yet.

I prefer to be the GP and control the assets with my post tax dollars since it's my field of expertise vs becoming a private money lender with preferred returns but no control on performance. 

Transfer taxes in PA are no fun.

Title companies would do these types of deals.The ones that may not be insurable are the ones that were sold at tax deed sale, that you would need to first talk to a title company about.

Understanding and taking advantage of the variety of tax credits boosts the return on your property and allows you to be part of the move to conserve our nation’s historic treasures.When rehabilitating or investing in the rehabilitation of an eligible historic or non-historic building, you may be able to take advantage of one or both of the historic tax credits: 1) Historic Tax Incentives and 2) Historic Preservation Tax CreditsYou can receive a federal income tax credit equal to 20% of the costs associated with rehabilitating the building.

Any tax implications, etc?  

I am certain that there are many opportunities to consider on tax and business structure before buying so curious what some experiences have been.

Do I still have time to start an exchange with a qualified intermediary or am I better off just paying the taxes?

Tax benefits (depreciation and expenses) - this gives you more money near term by reducing taxes.Of the 4 I listed, 2 are money now, 2 are money later.