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. 

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?

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.

I bought 2 more SFH in GA, one "bad" deal and one "good" deal in 2022/2023This year I am planning to start investigating STR for the Airbnb tax loophole so I can deduct expense from my W2.

is your goal to offset your W2 taxes and take advantage of doing a cost segregation?

Ask for a couple years of tax returns?

Actually have paid very little tax so far, even after 20years!!

How do I calculate the monthly mortgage+ interest+ insurance+ tax that I should be able to comfortably able to take care.3.

I have been told about 60% of the rent will go towards Taxes, vacancy, capx, property management fees, repairs & insurance, and I will be left with 40% to pay off the mortgage or keep as profit.

She didn't raise rents, left a unit vacant for 5 years, and didn't pay taxes on 2 of them for the last three years.