@Mohamed Elkashlan PM us, we can recommend attorney for LLC setup, even a tax attorney.

Just curious if anyone uses the property's tax assessment in any way when coming up with an MOA when wholesaling vacant land.

If you are in Texas and want to buy Texas tax deeds, I'd think twice about buying a national based program. 

Property Taxes (never heard of property taxes increasing if you convert a house into a house hack.

All this profit is obviously tax free after depreciation. 

I read that Texans voted for a bill that would significantly reduce property taxes.When does this go into affect?Also, my insurance has gone way up, so if anyone can recommend an insurance broker, I'd appreciate it. T...

Look for areas you can invest with population and job growth that are also landlord friendly, tax friendly, and have positive cashflow.

I wouldn't be the owner since my parents own the home and the lot that it sits on.That being said, is there any chance that I could still get tax deductions for building this ADU?

I do keep larger multifamily in separate LLC.To do one LLC I have multiple bank accounts (taxes, rent deposits,  operating and reserves),  seperate credit card, tax ID, tax filing, property management login, and email. 

It has 2 bedrooms upstairs and an unfinished 1090 sq ft basement (house itself is 1250 sq ft) No inheritance tax and I’ve been living here now for a few months.