The landlord said that its not zoned for business and that would raise flags with the IRS and i could potentially get audited. keep in mind that i have a consulting business. is there some truth to this because i do have a home office at the house as well. the rent is 1600 per month. that 1600 per month and utilities wouldn't be a tax write off to my LLC?

For other variables such as tax rates and heating costs, I find it easier to get a good evaluation.

I get the tax benefits on top of that (this is a big one for me), some small principal paydown, small monthly cashflow etc. 

I have over 200 assets and if I had a LLC for each and had to do 200 tax returns OMFG.

Hi thereI am new to investing, looking at a SFH for my 1st rental property and trying to understand the tax benefits that are often spoken of on the podcasts. 

Most Jumbo lenders use IRS returns net number so be careful filing your 2023 tax return in not making the expenses total greater than 25% of income which will generally be the hit on gross rents. 

Hi, so I won a tax deed at an auction for a vacant lot but I am trying to determine if there are a bunch of leins on it.

Supreme Court's Wayfair decision, Pennsylvania may require collection and remittance of taxes from businesses that have a substantial economic nexus in Pennsylvania"But from this site, it looks LLC needs to file Penn state tax no matter its size:https://www.revenue.pa.gov/TaxTypes/Partnerships-S-Corps-LLCs/Pages/default.aspx#:~:text=Limited%20Liability%20Companies,pay%20corporate%20net%20income%20tax."

So you will need to know the rules where you work, as well as know the sales tax requirements, for where you are working.

Medical in its administrative capacity may also be a venue.